-In the latest survey by Fannie Mae, consumer confidence in housing appears to have plateaued at a relatively low level
-This is concerning because consumer confidence is a leading indicator of housing demand
-The good news is that mortgage rates remain low, which should help support the housing market
-However, there is still a lot of uncertainty in the market, and it remains to be seen how long this low level of consumer confidence will persist
You can read this full article at: https://www.housingwire.com/articles/consumers-may-be-coming-to-terms-with-elevated-rates-and-high-home-prices-fannie-mae/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
