Consumer confidence in the housing market has reached a new high, according to the latest report from Fannie Mae’s Home Purchase Sentiment Index (HPSI). This surge in confidence is attributed to the anticipation of lower mortgage rates in the near future.
Key points from the report include:
– Consumer confidence in purchasing a home has increased significantly
– This boost in confidence is the highest recorded in over two years
– The expectation of lower mortgage rates is a driving factor behind this positive sentiment
– The findings suggest a potentially strong housing market in the coming months
– Fannie Mae’s HPSI serves as an important indicator of consumer attitudes toward the housing market.
You can read this full article at: https://www.housingwire.com/articles/home-purchase-sentiment-hits-highest-level-in-two-years/(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.
