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Research & Insights

Surveys & Indices

Fannie Mae strives to serve as an industry benchmark for insights into the attitudes, perceptions, and behaviors shaping the current and future state of the housing market. We apply the highest standards of market research and analysis, using surveys and other methods to listen to consumers, lenders, and other industry participants.

Latest Results

December 9, 2024

The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.4 points in November to 75.0, continuing its sharp upward trend over the past year as consumers appear to be acclimating to the higher mortgage rate and home price environment.


December 5, 2024
Following an average expectation for national home price growth of 5.2 percent in 2024, a panel of over 100 housing experts forecasts home price growth to decelerate to 3.8 percent in 2025 and 3.6 percent in 2026, according to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES).

October 15, 2024

Single-family home prices increased 5.9 percent from Q3 2023 to Q3 2024, a deceleration compared to the previous quarter's downwardly revised annual growth rate of 6.4 percent, according to Fannie Mae's latest Home Price Index (FNM-HPI) reading.


July 9, 2024

Mortgage lenders cited "talent management and leadership" and "cost-cutting" as their two most important business priorities of 2024, according to our latest Mortgage Lender Sentiment Survey® (MLSS).


June 14, 2022
Fannie Mae announced the launch of its Refinance Application-Level Index (RALI), a weekly series designed to provide the market timely and comprehensive tracking of refinance activity and historical trends.

About Our Surveys and Special Topics

Our monthly National Housing Survey® is a nationally representative telephone survey, polling 1,000 consumers a month about owning and renting a home, home and rental price changes, the economy, household finances, and overall consumer confidence. Respondents are asked more than 100 questions, six of which are distilled into a single indicator – the Home Purchase Sentiment Index™ -- designed to provide signals on future housing outcomes.

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Our Mortgage Lender Sentiment Survey® complements the consumer-facing National Housing Survey with insights from industry professionals. This quarterly online survey polls senior executives of Fannie Mae’s lending customers to assess their current activities and market expectations. With these findings, other mortgage and housing professionals can better understand industry trends and assess their own business practices.

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Using data collected through our National Housing Survey®, Mortgage Lender Sentiment Survey®, and customized research, we conduct in-depth analyses of special topics that explore specific trends, challenges, and opportunities facing consumers and mortgage lenders in today’s housing market. Our customized research draws from a wide variety of market research methods, including surveys, focus groups, in-depth interviews, and ethnographic research.

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Use the Public APIs on the Developer Portal to instantly access our Economic & Strategic Research (ESR) data, and other trusted U.S. housing, finance, and economic data – all in one place. Whatever your business, you can use the Developer Portal to explore key housing topics, understand trends, identify opportunities, and make data-driven decisions.