Responses to Fannie Mae’s National Housing Survey for June show that 52% of respondents thought it would be easy for them to get a home mortgage today, increasing from 49 percent and matching the all-time high. The share who say they would buy if they were going to move was slightly higher at 68%, Mortgage News Daily reports.
Also in the report, Mortgage Daily News reports that consumers are increasingly expecting higher rents and lower home prices.
For more in-depth analysis, read the Mortgage News Daily article: Consumers Increasingly Expect Higher Rents and Lower Home Prices.
Marimark Mortgage is based in Tampa, Florida, and serves the mortgage needs of homebuyers, homeowners, and investors in Florida, Virginia, and Pennsylvania.
We specialize in mortgages for first-time homebuyers, conventional home mortgages, refinance loans, reverse mortgages, and FHA, VA, and USDA mortgage options. In addition, we’ve worked extensively with cash-out refinancing and help clients to lower their monthly mortgage payments.