Survey shows Americans upbeat about housing

Fannie Mae: Consumers expect home prices and mortgage rates to rise

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Americans continued to view housing as a relative bright spot in the economy, even as their sentiment towards the broader economy and household finances limped along, according to Fannie Mae’s February 2013 National Housing Survey.

Americans who believe home prices will increase over the next year and home price expectations for 2013 both hit their highest levels since the survey’s inception in June 2010, the survey found. But confidence in personal finances, household income and the health of the overall economy kept pat or dipped, according to the survey.