Housing sentiment improves on hopes for lower mortgage rates
Consumer sentiment toward housing increased to the highest level in nearly 2 years in January, with a record number expecting mortgage rates to come down in the year ahead: Fannie Mae
by Matt Carter Feb 7
Rates will continue to fall in 2024, consumers say in record numbers
A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a 'significant shift' in expectations that could free homeowners from the so-called 'lock-in effect'
by Matt Carter Jan 9
Homebuyer sentiment tallies record low amid falling rates
Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances
by Matt Carter Dec 7
Exclusive Survey: 95% would pay a buyer agent under right conditions
A majority of potential buyers say they're open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights
by Chris LeBarton Nov 8
Young homebuyers could lead the recovery. So what do they want?
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior
by Daniel Houston Oct 25
Why US consumers are souring — and what that means for housing
Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm's latest household sentiment survey: 'I was hoping to see a new magic mortgage rate'
by Daniel Houston Oct 11
Consumer homebuying sentiment has plateaued at 'pessimistic'
Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82% also said August was a bad time to buy, citing affordability concerns
by Matt Carter Sep 8
Knock Home Swap
Consumer confidence in the housing market 'appears to have plateaued at a relatively low level,' said Fannie Mae Chief Economist Doug Duncan in a new homeowner survey released on Friday
by Matt Carter Jul 7
Consumers finally get it: Mortgage rates are probably going down
More optimistic outlook of where mortgage rates are headed over the next 12 months drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than 2 years
by Matt Carter May 12
Homebuyer sentiment ticks up again on signs of market top
More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae
by Matt Carter Jan 9
Homebuyer sentiment falls for the 8th month in a row to all-time low
Only 16% of those surveyed by Fannie Mae in October said it was a good time to buy a home, and the percentage who said it's a good time to sell also fell, according to new data released Monday
by Matt Carter Nov 7
More homebuyers think prices will go down in the next year than up
Survey shows homebuyer sentiment falling for the 7th month in a row as high home prices and mortgage rates weigh on affordability, according to Fannie Mae’s latest National Housing Survey
by Matt Carter Oct 10
As recession looms, consumers see tide turning in favor of homebuyers
Fannie Mae finds 81% of Americans think the economy is on the wrong track, but the share of consumers who think it's a good time to buy ticked up in June
by Matt Carter Jul 8
Homebuyer sentiment hits new low for 3rd month in a row
Only 17% of Americans surveyed in May said it was a good time to buy a home, breaking previous record lows of 19% seen in April and 24% in March
by Matt Carter Jun 7
Homebuyer sentiment hits record low
Only 24% of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010
by Matt Carter Apr 7