New consumer attitude research from Fannie Mae indicates concern about mortgage rates and more
By Marian McPherson | inman
Mortgage rates have hovered at or below 3.50 percent since July, but in the latest Home Purchase Sentiment Index from Fannie Mae for the month of September, most Americans think that the trend isn’t likely to last.
According to Fannie Mae, “The net share of those who say mortgage rates will go down over the next 12 months fell 6 percentage points to negative 44 percent” — which means that 56 percent of respondents think that rates are likely to either go up or stay steady.
