Tag: Home Purchase Sentiment Index

  • Consumer sentiment toward homebuying plummets

    Consumer sentiment toward homebuying plummets

    It appears rising interest rates pushed consumers over the edge when it comes to whether it is a good time to buy a home. According to Fannie Mae, the Home Purchase Sentiment Index® (HPSI) decreased by 4.7 points to 68.5 in April, its lowest level since May 2020, as surveyed consumers expressed heightened concerns about… Read More