Lack of Mortgage Savvy May be Stifling Homeownership

Home / Blog / Lack of Mortgage Savvy May be Stifling Homeownership

Posted To: MND NewsWire

Fannie Mae's monthly National Housing Survey consistently shows that the vast majority of Americans would prefer to own rather than rent a home but are uncertain or mistaken about what qualifications are necessary to get a mortgage. Now the company has reprised a 2015 survey exploring that knowledge gap and found, after questioning more than 3000 respondents, things haven't improved much since the initial study. Mark Palim, Fannie Mae Vice President and Deputy Chief Economist and Sarah Shahdad, a Market Insights Researcher write in a new research brief that this lack of accurate information may be discouraging willing and qualified Americans from pursuing homeownership, but may also provide an important opportunity for lenders and other mortgage market participants to utilize more effective...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

3f4bd67c 0347 4842 b50f 0c7b9eb252b5 294d40e0 10fb 41c3 8882 db012888f3b2 35829e56 3e5e 45cf bd34 3173ac1238f0 5ef754d2 d21e 41a3 a3d6 11623b733157 6ac8889d e894 4c11 a0b0 80b0fe4ac466 799b6c03 ebec 4385 af28 9243547fdb3b 7b848bb2 2b65 4932 8ec6 5470a15daebb 5c3be701 ac6f 4333 913d 9dc2e7c0bace 3e29fb53 dce2 40b3 9460 bd27285553a2 7476831a 0e9e 4db1 a255 aca7196c9224 4572b99c eb67 42b2 9243 8afcb0702ca1 1c94183e e058 419d 87ab fc57d2f17267 68311a94 6a3c 45b4 86c8 7e9347cacb9d 73f6f8d7 b433 4ff6 9f9a 9a05d4403cb9 017ab6e1 875c 4304 9f45 79b9e43ce7ed d62b2fdf 11e4 4154 85e2 6839313ca782 29c452b8 dd05 4166 9a4d 29821ce96ebc b238df0f 3098 4955 a2c4 5fff8792ae9e bba1854c 8563 4ead 99b8 2adeeb495c73 8813c91c 5a05 4730 a442 9db24db7cf67 8f9834b4 12e8 45e7 b786 d121d8ad9b71 4ac3d1d3 12e6 4ab4 9264 cbab4c0213b4 2feb9ebe 28b5 45a8 917e b7a9869b0e43