Fannie Mae released the latest version of its Consumer Mortgage Understanding Study, finding that consumers are pessimistic about homebuying conditions–with only 19% saying now is a good time to purchase a home. However, 92% still report owning a home is important to them.
Tag: Mortgages
TransUnion: Popularity of 15-, 20-Year Mortgages Continues to Grow
TransUnion, Chicago, said as low interest rates drive refinance activity, short-term loans—i.e., 15-year and 20-year mortgages—continue to increase in popularity, a trend that played out in the third quarter.
Mortgage Applications Decrease in MBA Weekly Survey
Mortgage applications decreased 5.1 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending July 31.
Survey: ¾ of Homeowners Say Mortgage Negatively Affects Ability to Save
Seventy-seven percent of U.S. mortgage holders say the size of their mortgage has a negative impact on their ability to save money for the future, according to a survey by Bankrate.com, New York.