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Housing Costs Keep Consumer Sentiment Gloomy: Fannie Mae

Sunday, Sep 10 2023
Lending
Written by  The Mortgage Leader

Although consumers have become slightly less downbeat than a year ago, affordability concerns have continued to dim their perceptions about whether it’s a good time to buy a house, according to Fannie Mae. So reports DSNews.

house for sale 2845213 1920Fannie Mae’s Home Purchase Sentiment Index edged up 0.1 points in August to 66.9, compared with 62.0 at the same point in 2022.

“Consumers remain pessimistic toward the housing market in general and homebuying conditions in particular," Fannie Mae economist Doug Duncan said in a statement.

Read the full article from DSNews. 

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