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Economic Report: Most Americans say it’s a bad time to buy a home, according to Fannie Mae. Here’s why.

'A large majority of consumers continue to believe that it’s a bad time to buy a home,' Fannie Mae's Mark Palim said. Read More...

Mortgage rates are at the lowest level in two months, but consumers still think it’s a bad time to buy a home, according to a new report.

Fannie Mae’s FNMA Home Purchase Sentiment Index, released Friday, fell by 3.3 points in March to 61.3, which is only slightly above an all-time low set late last year.

“With…

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