Consumer sentiment is hurting, but economy hasn't faltered
The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market
by Matt Carter May 16
1 in 4 Americans will pause major purchases, like homes, amid tariffs
Tariff threats have left Americans on edge, with 24% of US adults saying they're canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday
by Marian McPherson Apr 17
Tariff fears sour consumer sentiment, push mortgage rates up
The University of Michigan Index of Consumer Sentiment fell 11% from March to April to 50.8 and is now lower than it was at any point during the 2007-2009 Great Recession
by Matt Carter Apr 11
Homebuyers respond as mortgage rates hover near 2025 lows
Purchase loan requests are up 7% from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities: MBA survey
by Matt Carter Mar 26
Inflation, job worries drive 'horrific' consumer confidence report
Republicans are less worried about the future than Democrats and Independents, but 'consumers from all 3 political affiliations are in agreement that the outlook has weakened since February'
by Matt Carter Mar 14
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
Consumer unease over inflation rekindled in August following rally
Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to data released Friday
by Daniel Houston Aug 25
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