According 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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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 19 seconds
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.
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