Expected slowdown in remodeling is good news for mortgage business

Manhattan home sales tumble as buyers push back  · NEW YORK (CNNMoney) — Taking advantage of a weak U.S. dollar and a beaten down housing market, foreign buyers helped push manhattan home prices slightly higher in.

Originations of single-family first-lien mortgages are predicted to slide around 8% to $1.66 trillion amid a slowdown in home sales growth and lower refinance volume due to higher mortgage rates.

"Home sales are set to tread water over the next couple of years, which is good news for the rental sector," the Capital Economics economists Matthew Pointon and Andrew Burrell wrote in a recent.

Such good news suggests economic expansion. Typically, a hot economy means higher mortgage rates. jobs below the level.

House price growth is expected to slow down in the coming years amid concerns about Brexit and a lack of perceived value in the property market.. is not good news for the rental market.

Housing Market News – Stock Markets, Business News. – Housing industry news, home building and construction, and housing market coverage.. Harvard study: Remodeling spending to slow. Tue, Jun 11th 2019. Personal Finance.. Global Business and.

Forecasts for the housing market in 2019 – News – Sarasota. – In its U.S. economic and housing market outlook for 2019, CoreLogic economists forecast growth in home prices to drop by one percentage point as higher interest rates impact the mortgage market.

Expected slowdown in remodeling is good news for mortgage business 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.

Zillow mortgage unit takes a loss as expenses outweigh strong demand Thanks so much for providing individuals with remarkably brilliant possiblity to read articles and blog posts from this site. It can be very enjoyable and full of amusement for me personally and my.

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.

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.

People on the move: Dec. 1 Updated Dec 7, 2009, 8:46am EST The weekly roundup of senior-level executive appointments in Greater Washington. For more People on the Move, check out the washington business journal’s print.

Homeowners are pulling back on their spending on house improvements. Growth in remodeling spending is expected decline in half of America’s largest cities this year, a study released this week.