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March 13th, 2009

Our HASP survey says…



As subscribers of our weekly Market Trends newsletter know, we run a three-question survey which we run two to three weeks to gauge what our readers think of whatever topic we think is interesting.

The most recent survey — which began three weeks ago but runs through Sunday night, so there’s still time for you to chime in — asked our readers what they thought about the recently-unveiled “Homeowner Affordability and Stability Plan.”

The results were interesting:

Survey results

When asked Do you approve of the “Homeowner Affordability and Stability Plan” unveiled this week?, a resounding 82% said “No.”

A multiple-choice question wanted to know What do you like about it? A minority believed that HASP will shore up property values and/or help restore the housing market. But the last choice — “I don’t like it” — was the choice of 72% of you. (Maybe you’ll be attending one of the nationwide Tea Party protests this weekend.)

The last question asked What do you NOT like about it?; over half felt that “It rewards the wrong kinds of behavior;” over a third believed that “It’s not fair to responsible homeowners;” while less than 9% felt that “I don’t get anything out of it.”

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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