Home Purchase Sentiment Remains Flat Despite Falling Mortgage Rates

Home Purchase Sentiment Remains Flat Despite Falling Mortgage Rates

The Fannie Mae Home Purchase Sentiment Index held steady at 71.4 in September, as concerns about buying conditions and mortgage rate outlook offset modest improvements in job security and income growth. Meanwhile, selling conditions and home price outlook remained flat compared with the previous month. In September, mortgage rates edged toward the lower 6% range
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