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Home-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says

Por: MarketWatch Business November 07, 2022

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The 30-year fixed-rate is averaging at 7.29% as of Monday morning, according to Rates have doubled since last year, which have added hundreds of dollars in extra monthly costs to buyers. Fannie Mae runs this survey of around 1,000 respondents every month, to assess their attitudes towards owning and renting a home, home and rental price changes, the economy, and so on. In October, only 16% of respondents said that it was a good time to buy a... + full article



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