Fannie Mae’s Home Purchase Sentiment Index, meanwhile, slipped 0.3 points to 68.2 in May.
On top of all that, 77% of consumers last month said the economy was on the “wrong track,” compared to 61% in April.
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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, 22 seconds
Fannie Mae: 79% of Consumers Say It’s a Bad Time to Buy a Home
Fannie Mae’s monthly housing survey has found that the share of U.S. consumers who think it’s a bad time to buy a home has hit a record high of 79%. So reports MarketWatch.
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