Homebuyers and sellers are being cautious due to current market conditions, as indicated by Fannie Mae's home purchase sentiment index (HPSI).The HPSI - which tracks the housing market and consumer confidence to sell or buy a home - decreased 3.6 points in February to 58.0, breaking a streak of three consecutive monthly increases, according to Fannie Mae.
#years #respondents #senior-vice-president #housing-market #national-association #previous-years #mortgage-rates #lowest-level #job-security
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