Tag Archives: Consumer Housing Sentiment

Consumers nationwide are citing elevated mortgage rates rather than home prices as their primary challenge in reaching affordability, as rates above 7% continue to dampen the overall housing market sentiment, according to Fannie Mae's latest Home Purchase Sentiment Index.

Fannie Mae’s Home Purchase Sentiment Index revealed that home-selling and homebuying sentiments are up year-over-year, a welcome sign that raised the index as a whole by 4.9 points.

Despite experiencing some over-the-month declines, the Home Purchase Sentiment Index continued on its gradual upward trend from August 2015.