Expected slowdown in remodeling is good news for mortgage business
KAILUA-KONA – Boring can be good. a comparison, mortgage rates were at 20 percent at one point in 1982. “I’m trying to find bad stuff,” he said. “I’m having a hard time in the housing market.” The.
Mortgage rates fell to 3.84% in mid-June according to Freddie Mac, but could they go lower? A lot lower? Even the lowest they’ve been in 50 years? mortgage rate commentator barry Habib is making.
Expected slowdown in remodeling is good news for mortgage business 2 months ago admin Remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst.
Remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst. But several forecasts point to a potential slowdown on the horizon, which is a welcome sign for the mortgage business, according to the Mortgage Bankers Association.
Get up to date information for home buyers. We regularly publish articles on loans, mortgage news, and more. Come say hello!. Good news is typically bad news for bonds and home loan rates.. bad news by way of worse-than-expected economic numbers in Europe cast a dark shadow on the.
Don’t Edit 4. Mortgage rates head up Mortgage rates are expected to rise in 2018. CoreLogic, a data provider for the real estate industry, averaged six forecasts of mortgage rates, arriving at a.
Additional growth is expected almost across the board, and a few of the sectors that can anticipate job growth include some workers who command better-than-average salaries. The healthiest forecasts.
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The Fed is accommodating a shift in economic growth that is expected to slow from about 3 percent last year to. for clues on whether borrowing costs will stay low. “This is good news,” said Ivan.
Protesters Demand GSE Principal Reduction Issuers can combine hurricane exposure for relief aid: Ginnie Mae Ginnie Mae’s mortgage exposure is expected to top $1 trillion by the end of next year-or far more than double the dollar amount of 2007. (See the nearby table.) Earlier this summer, Reuters quoted Anthony Medici of the Housing Department’s Inspector General’s office as saying, "Who would have predicted that Ginnie Mae and Fannie Mae.People on the move: Feb. 16 Timeshare People on the Move: February 16, 2013. Send the information to The GateHouse to be included in People on the move! contact: email@example.com. Timeshare Odds and Ends: February 9, 2013. Getting BIGGER: February 16, 2013.Freddie ceo signals gse principal reduction could be soon Lockhart’s Remarks Confuse GSE Debt, MBS Investors Just Hilley was a reporter with HousingWire, where he was a specialist on the servicing.