WASHINGTON (2/12/14)--Consumers are beginning to perceive an easing in mortgage credit availability, according to a Fannie Mae January 2014 national survey of consumer attitudes in housing. More consumers believe they could get a mortgage easily and fewer thought it would be difficult, apparently showing consensus among optimists and pessimists that mortgage credit is becoming more accessible.
Attitudes climbed to an all-time survey high of 52%--a two percentage point jump--in how easily consumers believed they could get a house loan. Those who thought it would be difficult to land a loan dropped three points, down to 45% (HousingWire Feb. 11).
Other survey findings highlighted by HousingWire included: