| Consumer confidence in the U.S. housing sector continued to rise in February, but more people expect mortgage rates to increase over the next year, according to Fannie Mae's monthly national-housing survey.
The mortgage-finance company said its poll of 1,008 Americans showed home prices are expected to rise an average of 2.9% over the next year, slightly higher than the 2.4% increase expected in January. The share who believe home prices will go up in the next 12 months was 48%, a survey high, while those who think home prices will fall held steady at the survey low of 10%...............................................Full Article: Source
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