Is It Really a Bad Time to Buy in Connecticut? Fannie Mae Reports Record Low Confidence
- Neil Caron
- 3 days ago
- 2 min read
June 10, 2025 | Connecticut Homebuyers, Mortgage Market | Presented by ReadySetLoan
According to Fannie Mae’s latest Home Purchase Sentiment Index (HPSI), just 14% of Americans think it’s a good time to buy a home—the lowest in the survey’s history. But if you’re searching for a home in Connecticut, should this stop you in your tracks?
Spoiler: Probably not.
🏠 What Connecticut Homebuyers Are Feeling
Fannie Mae’s May 2025 snapshot shows:
Overall homebuyer sentiment has dropped, especially among first-time buyers.
High home prices and sticky mortgage rates are keeping confidence low.
But for buyers in Connecticut, it’s not all bad news.
Despite national concerns, programs like CHFA loans, first-time buyer grants, and rate buydown opportunities continue to help local buyers cross the finish line.
🐷 RSL Piggy Points for Connecticut Buyers
🐷 Connecticut-specific mortgage help exists: The CHFA program offers below-market rates, closing cost assistance, and help for first-time buyers.
🐷 Local inventory is shifting: Some parts of the Connecticut market are seeing more listings and longer days on market, giving buyers more breathing room.
🐷 You don’t have to go it alone: ReadySetLoan helps Connecticut residents find smart mortgage solutions—even when market sentiment feels low.
🎙️ Neil’s Take
From Neil Caron, Area Sales Manager at CMG Mortgage
“It’s easy to get spooked by national headlines, but we’re seeing real opportunities for buyers in Connecticut. With the right strategy—and the right loan products—this can actually be a smart time to get in.”
💡 RSL Perspective
At ReadySetLoan, we work with Connecticut homebuyers every day, helping them navigate everything from CHFA eligibility to renovation loans and down payment assistance. We don’t just talk rates—we help you create a winning homebuying game plan tailored to your goals.
✅ Local Buyers: Don’t Wait for Perfect Conditions
Buying a home in Connecticut in 2025 might feel uncertain—but you’re not alone. Whether you're in Hartford, New Haven, Stamford, or anywhere in between, ReadySetLoan is your educational partner every step of the way.
Let us help you understand your options—and maybe even uncover a few you didn’t know existed.
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