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Persistently high mortgage rates are making people more pessimistic about the housing market

Yahoo Finance
Summary
Nutrition label

80% Informative

Just 30% of respondents polled by Fannie Mae now expect mortgage rates to fall in the next 12 months , down from 35% in January .

Thirty-three percent see mortgage rates rising, and 36% think they’ll stay the same.

41% of survey respondents see home prices rising from already high levels.

Consumers are also growing slightly more wary about their own financial positions.

VR Score

86

Informative language

88

Neutral language

51

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links