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Mortgage Pros, Consumers Differ Significantly in View of Economy, Mortgage Standards

Thursday, June 18, 2015

Senior executives polled recently by Fannie Mae expressed increased optimism about the demand for purchase mortgages and their own profitability, at least over the short term the company said today.  The results of Fannie Mae's Mortgage Lender Sentiment Survey for the second quarter showed confidence among mortgages lenders that home prices would continue to increase as would the demand for purchase mortgages while fewer report further tightening of credit restrictions.

The share of respondents to the survey who said the demand for purchase mortgages had climbed over the last three months increased substantially, exceeding 20 percentage points compared to responses from the first quarter survey for...


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As a first-time homebuyer, it was great having Charlie walk me through the entire process and keep me posted on what was needed and when. He was always available to answer any questions that I had. I appreciated him planning for worst case scenarios so there were never any surprises and I appreciate him finding the right mortgage for the amount I wanted to pay each month.
Andy S.