Home purchase sentiment is high

home sentimentBy Jann Swanson | Mortgage News Daily

While consumers are still conflicted about whether it is still a good time to buy or to sell, their perceptions about financial aspects of their lives improved and along with it Fannie May’s monthly Home Purchase Sentiment Index. The HPSI, a distillation of answers to the company’s National Housing Survey, increased by 1.6 points to 85.3 in May.

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