Consumer confidence in the housing market was decidedly mixed in the latest Home Purchase Sentiment Index data published by Fannie Mae (OTCQB: FNMA). The index dropped by 1.1 points in July to 71.5, with only 17% of consumers stating now is a good time to buy a home,...
Although home price growth was stronger than expected during the second quarter, prices are likely to moderate and close out 2024 and 2025 at annual rates of 6.1% and 3.0%, respectively, according to the July 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic...
Existing home sales dipped by 0.7% in May to a seasonally adjusted annual rate of 4.11 million, according to new data from the National Association of Realtors (NAR). Sales were down 2.8% from the 4.23 million recorded in May 2023. As the sales level slipped, prices...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) sank to an all-time low in May with a 2.5-point drop to 69.4. Last month, only 14% of consumers polled for the survey felt this is a good time to buy a home, down from 20% in the previous month, while...
The latest data analysis of the Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCMKTS:FNMA) suggests households have become acclimated to higher mortgage rates. The HPSI decreased 0.9 points in March to 71.9, its first decline since November 2023, with...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
