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Getting a mortgage more difficult for some

By Marcie Geffner - HSH.com

Consumers have a positive outlook toward housing and the U.S. economy — for the most part.

That’s according to the latest monthly National Housing Survey by Fannie Mae.
Consumers’ outlook has “fluctuated somewhat during the past few months, but the trend for most indicators remains positive overall,” Fannie Mae said in a release.

Here are some of the findings:
- Fifty percent of the respondents said they expected home prices to rise during the next 12 months, a 7-point increase compared with the prior month. Only 38 percent expected prices to stay the same, a drop of 7 percent.

Read on:
http://blog.hsh.com/index.php/2014/03/getting-a-mortgage-more-difficult-for-some/

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