Prospective buyers view a real estate showing.
Carline Jean | Sun Sentinel | Tribune News Service | Getty Images
Mortgage rates are still twice what they were a year ago, but home prices have been falling since June, and that’s finally making consumers feel better about what had been an overheated, highly competitive housing market.
A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December. The index is still lower than it was a year ago and just slightly off its record low set in October and November.
The share of respondents saying now is a good time to buy a home was still low, at just 21%, but it was up from 16% in October. The share saying…