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Consumer Confidence in Housing Hits Record Low: Fannie Mae

An uncertain economic climate along with upward motion in both interest rates and home prices have darkened Americans’ view of the housing market. So reports CNBC.

Fannie Mae2 280x186According to Fannie Mae, only 16% of consumers in October indicated they considered it a good time to buy a home.

That’s the lowest share since the monthly survey started 11 years ago.

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