Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

Fannie Mae: Consumer Optimism Regarding Home-Buying Grew in March

Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased in March by 5.2 points to 81.7. with four of the HPSI’s six components increasing month over month, including the components related to home buying and home-selling conditions, household income and home prices.

The mortgage rate outlook component experienced the only decline, and the latest results indicate that only 6% of consumers believe that mortgage rates will decrease over the next 12 months. Year over year, the HPSI is

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