Purchase Applications Reach Recent High
The fall home-selling season is set to begin next week, and two leading indicators suggest that buyer demand is on the upswing despite wobbly consumer confidence figures.
Survey Hints Consumers ‘Coming to Terms’ with High Mortgage Rates
Fannie Mae’s monthly survey of consumer sentiment about the housing industry contains hints that consumers may finally be getting used to the seemingly-intractable combination of high interest rates and high home prices that’s choking residential real estate markets around the country.
Homebuyer Confidence Waned in February
The Fannie Mae Home Purchase Sentiment Index fell 3.7 points in February to 85.8, reversing last month’s increase.
