U.S. Home Purchase Sentiment in September 2025: Flat Confidence Amid Modest Rate Relief
November 25, 2025 at 16:07
The Fannie Mae Home Purchase Sentiment Index (HPSI) held steady at 71.4 in September 2025, reflecting muted consumer confidence despite a slight dip in mortgage rates. Concerns about affordability, job security, and income growth continue to weigh on buyer sentiment, while selling conditions remain flat. This report analyzes the latest HPSI data, broader economic trends, and their implications for the housing market and key stakeholders.
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