Only 4 percent of respondents in a recent Zillow survey are not at all worried about a bubble resulting from the Fed's monetary policy that is keeping mortgage rates down.
Read More »Capital Economics Predicts Further Drops in Homeownership Rate
In an analysis released in response to the Census Bureau's report that homeownership hit an 18-year low in the first quarter, Capital Economics warns that we may not have seen the bottom yet. The firm predicted last year that the homeownership rate would decline to a low of 64 percent--a forecast it insists will come sometime within the next year. One factor contributing to the downward trend in homeownership is tight lending standards, Capital Economics says.
Read More »FHFA: Government Guarantee Critical to GSE Multifamily Business
Both GSEs suggest without a government guarantee, even a mild downturn could impact their ability to operate and support affordable housing programs.
Read More »Pew Study Examines Geographic Impact of Mortgage Interest Deduction
When it comes to the hotly debated mortgage interest tax deduction, Maryland takes the top spot in terms of claim rate.
Read More »FHFA: Mortgage Rates, Loan Values Increase in March
Mortgage rates, loan values, loan terms, and loan-to-price ratios all rose in March, according to a report released by the Federal Housing Finance Agency (FHFA).
Read More »NAHB Examines Strength of Housing Starts
Housing starts are making a comeback with double-digit increases expected this year, but some states still face a long road to recovery, according to the NAHB.
Read More »Will Setbacks Derail the Homebuilding Recovery?
Despite some obstacles in the homebuilding recovery and three consecutive monthly declines in the National Association of Home Builder's homebuilder confidence index, Capital Economics remains largely optimistic about the homebuilding rebound. The analytics firm is sticking with its previous prediction that housing starts will reach about 1 million this year and 1.3 million next year as rising home prices help to mitigate increases in construction costs.
Read More »Fitch Reasserts: Price Gains Unsustainable
In a release, Fitch Ratings maintains its cautious view of recent gains in home prices, suggesting recent news of rising prices and sales volumes "are not moving in sync with key economic indicators that would otherwise support a sustainable price level." One of those key indicators in unemployment, which has fallen in the past several years--partly as a result of fallout in labor force participation, not an improving employment situation, Fitch says.
Read More »Commercial/Multifamily Originations Rise 33% in 2012
Commercial and multifamily originations rose 33 percent to $244.2 billion in 2012, according to the Mortgage Bankers Association (MBA).
Read More »Trulia: Current Market Conditions Setting Up Buyers for Regret
In today's seller's market, Trulia says buyers in today's market are especially vulnerable to making decisions they may regret in the future.
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