Tight Supply, Rising Mortgage Rates, and High Prices Slowed 2018 Home Sales, Lenders Say (access required)

By: Staff Report March 14, 2019

An insufficient supply of homes for sale, rising interest rates, and high prices sapped home sales in 2018, according to a Fannie Mae survey of mortgage lenders conducted in the fourth quarter. The surveyed senior mortgage executives said increasing the housing stock and offering consumer subsidies, such as a first-time homebuyer tax credit, could improve affordability for ...

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Tight Supply, Rising Mortgage Rates, and High Prices Slowed 2018 Home Sales, Lenders Say

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