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Survey Reveals Consumers Think Getting a Mortgage Is Easy


surveyConsumer optimism about the ease of securing a home mortgage loan has reached a record high according to a new report released by Fannie Mae. Earlier this week, the mortgage giant shared the results of their February 2015 National Housing Survey, which revealed that 54 percent of consumers believe it would be easy for them to get approval for a home mortgage loan today. The survey also revealed another record high: 47 percent of respondents believe the economy is headed in the right direction. In a recent HousingWire article, Doug Duncan, senior vice president and chief economist at Fannie Mae, said the survey results “lend support to our expectation that 2015 will be a year of the economy dragging housing upward.”

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