The University of Michigan Consumer Sentiment Index decreased 5.8% in March compared to the month prior, landing at 53.3, according to final results for the month. Sentiment was down 6.5% year over year. The current conditions index fell 1.4% from the month prior to 55.8. The index of consumer expectations fell 8.7% from the month prior to land at 51.7.
ROAD to Housing Act becomes law
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.









