Tuesday, May 7, 2024 | The Latest Buzz for the Appraisal Industry

Fannie Mae’s HPSI Shows High Consumer Pessimism

The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for March decreased by 2.1 points to 73.2 as rising mortgage rates and the general condition of the housing market pushed consumers to be more pessimistic about the market overall.  As a whole, four of the six major HPSI components fell month-over-month, which comes …

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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