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Mortgage Lender Sentiment Survey

Mortgage Lender Sentiment Survey - December 2016

December 16, 2016

"The survey captured lenders’ bearish sentiment driven by the recent surge in mortgage rates – a level of bearishness last seen in the summer of 2013 during the taper tantrum," said Doug Duncan, senior vice president and chief economist at Fannie Mae. "The sudden surge in mortgage rates weighed on expected future purchase and refinance volume. Downbeat production expectations suppressed lenders’ profit margin outlook to the worst showing in the survey’s short history. Rates could slowly unwind in coming quarters, reversing some of the expected decline in volume. However, the potential normalization of interest rates after a sustained period of strong refinancing volumes presents the biggest business challenge facing mortgage lenders in some time."

Lenders' profit margin outlook for the next three months

On this webpage you will find a news release with highlights from the survey results, the Q4 2016 data summary highlighting key attitudinal indicators, a detailed research report, the questionnaire used for the Q4 2016 survey, and FAQs providing additional information about the survey.

Downloads and Related Links
Q4 2016 News Release
Q4 2016 Mortgage Lender Sentiment Survey Detailed Research Report (PDF)