Today’s Chart of the Day was prepared by Yahoo Finance with data from Fannie Mae, a government-sponsored agency that allows mortgages to be traded between investors. The chart shows that a record-low number of Americans currently believe it's "a good time to buy." However, the “buy low, sell high” contrarian investors would say that these figures show it may be the best time. Only time will tell.
Bonus Fact: In 2023, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States (from all the loans they hold) and the fourth largest company in the world by assets.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.
