Fannie Mae’s Home Purchase Sentiment Index decreased 1.8 points in February to 71.6, driven largely by consumers’ increased pessimism that mortgage rates will go down in the next year.
Tag: Mark Palim
Home Price Growth Reaccelerates in Fourth Quarter, Fannie Mae Reports
Single-family home prices increased 5.8% between late 2023 and late 2024, an acceleration from the previous quarter’s 5.4%, according to the Fannie Mae Home Price Index.
Fannie Mae Reports Housing Sentiment Finishes 2024 Higher
Fannie Mae’s Home Purchase Sentiment Index decreased 1.9 points in December to 73.1 but remained substantially higher than year-ago levels due in part to ongoing mortgage rate optimism.
Fannie Mae: Consumers Feeling Better About Housing Despite High Home Prices
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022.
Fannie Mae: Home Price Growth Slows, Remains Robust
Single-family house prices increased 5.9% from third-quarter 2023 to third-quarter 2024, a deceleration from the previous quarter’s 6.4% annual growth rate, according to Fannie Mae, Washington, D.C.
Fannie Mae HPSI Up Slightly in August
Fannie Mae released the results of its Home Purchase Sentiment Index for August, finding it increased 0.6 points to 72.1.
Fannie Mae Panel Predicts Home Price Growth Will Decelerate in 2024, 2025
A panel of housing experts forecasts annual national home price growth of 4.7% in 2024 and 3.1% in 2025, according to the third-quarter Fannie Mae Home Price Expectations Survey.
Fannie Mae: Housing Sentiment Sees Slight Rebound
The Fannie Mae Home Purchase Sentiment Index saw a 3.2-point increase in June to 72.6.
Fannie Mae: Survey-High Share of Consumers Expect Mortgage Rates to Fall
Fannie Mae released its Home Purchase Sentiment Index for December, highlighting a 2.9-point increase to 67.2. That jump is primarily due to the survey-high 31% of consumers who believe mortgage rates will go down over the next year.
Jobs Increase in November, Unemployment Rate at 3.7%
Total nonfarm payroll employment increased by 199,000 in November, and the unemployment rate now sits at 3.7%, the U.S. Bureau of Labor Statistics reported.