Category Archives: Survey: Mortgage rates Change Expectation

Fannie Mae Housing Survey – September 2015

Fannie Mae Housing Survey - September 2015

 September 2015 Fannie Mae Housing  Survey

  • Survey for change in home prices in next 12 months
  • Survey for change in rental prices in next 12 months
  • Survey for mortgage rate changes in next 12 months
  • Survey for personal finances in next 12 months
  • Survey for household income in next 12 months
  • Survey for household expenses in next 12 months
  • Survey for economy on track
  • Survey for buy or rent today
  • Survey on ease of getting home mortgage today
  • Survey whether it is good time to buy or sell today
  • The average 12-month home price increase expectation is 3.1% and the average 12 month rental price increase expectation is at 4.4%
  • 64% of the share of respondents believe that it is the good time to buy now, 45% believe that home prices will go up and 54% of the share of respondents believe that home rental prices will go up  in the next 12 months
  • 50% respondents feel mortgage rates will go up in next 12 months , 50% think it would be easy for them to get a home mortgage today and 67% say they would buy today if they were going to move
  • 57% think that the economy is on the right track, 84% said they are not concerned about losing their job, 28% felt their household income is significantly higher and 45% expect their personal financial situation to get better in the next 12 months

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