Consumers expecting lower mortgage rates less optimistic about buying

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Consumers expecting lower mortgage rates less optimistic about buying. Consumer expectations of further mortgage rate drops leaves them seemingly in no rush to enter the purchase market which could be why their optimism on home buying is falling, a Fannie Mae report said.

Important mortgage rate trends upward for Thursday – Bankrate. – Consumers expecting lower mortgage rates less optimistic about buying – National Mortgage News What Is a Jumbo Loan? – TheStreet.com At Regions Bank, shift to purchase market prompts a retooling – National Mortgage News FCA to change mortgage advice rules – FT Adviser.

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Consumers expecting lower mortgage rates less optimistic about buying Consumer expectations of further mortgage rate drops leaves them seemingly in no rush to enter the purchase market which could be why their optimism on home buying is falling, a Fannie Mae report said.

Americans waivered in their optimism as they were less confident in their future expectations, according to the Consumer Confidence Survey conducted by The Conference Board by Nielsen, a provider.

Mortgage rates today fell for 30- and 15-year fixed loans while 5/1 ARMs didn’t budge. Also, renters aren’t optimistic about home buying this year.