Americans predict higher rates, easier mortgages

Fannie Mae’s latest National Housing Survey found that Americans are feeling more positive about the economy, and are happy to make predictions about it.

More people expect mortgage rates to go up and housing prices to go down over the next year, for example. And — based on what I couldn’t tell you — “51 percent of respondents now say it would be easy to get a mortgage.”

Props for the enthusiasm, but before we buy into our own prediction skills, keep in mind that more than one in five Americans think the sun revolves around the Earth. (Seriously.)

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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One Response to Americans predict higher rates, easier mortgages

  1. Jeanette G Newton says:

    And the sad part is that they likely vote as well.

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