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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.

Fannie Mae2 150x150Fannie 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.

Read the full article from MarketWatch.

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