Tag Archives: homebuying conditions

"Mortgage rate optimism increased dramatically this month, with a survey-high share of consumers anticipating mortgage rate declines over the next year," said Mark Palim, VP and Deputy Chief Economist at Fannie Mae.

Doug Duncan, Fannie Mae’s SVP and Chief Economist, noted that “respondents continue to cite high home prices and unfavorable mortgage rates as the primary reasons for their pessimism.”