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Fannie Mae: Consumer Confidence Grows in July

housing

Five of the six components that make up Fannie Mae’s Home Purchase Sentiment Index (HPSI) saw monthly increases in July, and the overall HPSI increased to a survey high 93.7.  The 8% increase in “Confidence About Not Losing Job” helped ...

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Fannie Mae: Increased Education Needed for Borrowers

housing

Although the majority of Americans favor homeownership, Fannie Mae’s latest National Housing Survey revealed many overestimate the qualifications and what it takes to own a home.  “Despite increased exposure to credit scores and online resources, consumer understanding about what it ...

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What Does the Jobs Report Mean for Housing?

U.S. employers continued their trend of adding workers, as the Labor Department reported the economy added 164,000 jobs in July and the unemployment rate held at 3.7%.  The Labor Department also reported that average hourly earnings exceeded expectations, rising 3.2% ...

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