Even though the market is still not in perfect shape, 52% of Americans seem to perceive it is easy to get a mortgage. Fannie Mae’s January 2014 National Housing Survey showed these results when people were asked whether they think it is easy or difficult to get a home mortgage today. This is a 42% increase since January 2013.
Still, 45% of respondents think that it’s not that uncomplicated. This is a good sign, as it indicates that we have not reached the levels before the crisis when obtaining a mortgage was excessively easy.
However, less people think it’s a good time to buy property – 65%, which is a lower number than a year ago. Home prices are not expected to grow significantly as well.
The survey also indicates that Americans are generally more optimistic about the financial situation in the country, as well as about their personal one.