The Fannie Mae Home Purchase Sentiment Index© (HPSI) finished 2022 trending upward. After setting an all-time low in October, the index increased 3.7 points in December to 61.0.
The HPSI surveys consumers about their current and forward-looking expectations of housing market conditions.
Three of the Index’s Components Showed Improvement.
The improvements in consumer confidence were related to homebuying conditions, mortgage rate outlook and job security.
In addition, Freddie Mac’s Housing Market Outlook released late last year predicts total home sales will remain stable throughout 2023, and interest rates to hold steady and possible lower slightly throughout the year.
We continuously monitor market news and trends, so we can be prepared to guide you in the right direction!
We Can Help You Navigate the Market!
All the market news can be overwhelming and confusing. We give you exceptional service by keeping a 360-degree watch on the market. It’s like having eyes in the back of our head!
You can count on us to take in the entire market picture, and help you navigate to the solution that fits your personal situation.
We’re not just monitoring interest rates. We are tracking what moves interest rates!
And we consistently monitor the latest mortgage programs, laws, and opportunities.
You may be thinking of buying, selling, or refinancing. Or maybe it’s time for an investment property.
Our trusted mortgage services support your long-term financial goals.
Whatever your housing needs, dreams or goals are for this year, we can help!
Call us TODAY!
RoseMarie Zúñiga
Your Marketing Manager