- The percentage of people who said that now is a “bad time to buy” a home jumped to 73%, another record-worst in the data going back to 2010, according to Fannie Mae’s National Housing Survey for March.
- The percentage of people who said that now is a “good time to buy” a home plunged to a record low of 24%.
- The average 30-year fixed mortgage rate, according to the Mortgage Bankers Association’s weekly index, jumped by nearly 2 percentage points from September last year, when mortgage rates were still near historic lows.
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Homebuyer 'Pessimism' Hits Bleak Record On Sky-High Prices, Spiking Mortgage Rates