Households May Finally Be Adjusting to Higher Mortgage Rates

Despite continued pessimism surrounding mortgage rates, home buyers and sellers are feeling a bit more confident in the housing market lately, according to recent data from Fannie Mae. The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023. The slight decrease is mainly…

The post Households May Finally Be Adjusting to Higher Mortgage Rates appeared first on RISMedia.

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