Consumer Confidence in US Housing Market Plunges to Record Low, Says Fannie Mae

Consumer assurance successful the American housing market plunged to grounds debased past month, according to a caller survey. Growing mortgage rates, higher location prices, and economical instability person led to accrued pessimism successful the lodging marketplace nationwide. Only 16 percent of consumers surveyed said that they would see buying a location successful October, according to Fannie Mae’s monthly Home Purchase Sentiment Index® (HPSI). The scale fell 4...