New From the Mortgage Desk:

Fannie Mae reports American housing confidence edged up to 93.8 in August, 5.8 points ahead of last year and a new survey high, based on “growing expectations that mortgage rates will remain flat or decline.”

Average FICO credit scores hit an all-time high this year, besting last year’s record thanks to “the improved consumer financial health that has resulted from the steady economic growth that the U.S. has experienced.”

Freddie Mac’s chief economist puts “solid home purchase demand” to “healthy underlying consumer economic fundamentals such as a low unemployment rate, solid wage growth and low mortgage rates.”