WASHINGTON (Reuters) - U.S. housing is set to gain steam this year as a strengthening jobs market offsets the drag from an expected increase in mortgage rates , a Reuters poll showed on Tuesday.
pulls the rest of the economy upward. Despite falling mortgage rates , affordability just hasn't changed much as prices ..... the world on fire) have more than offset falling mortgage rates . Current affordability is still very good relative
new construction and home sales. The housing market continues on a slow but positive trend, underpinned by lower mortgage rates , easing lending conditions, and falling unemployment. GLOBAL China After a multiyear property and credit boom, China is struggling to absorb excess
All parts of the business appear to be performing strongly. Residential development is being buoyed by record low mortgage rates and, most likely, a weakening of the Australian dollar, improving the attractiveness of Mirvac developed apartments
prepayment"--there is considerable uncertainty about the timing of cash flows for mortgage bondholders. When mortgage rates fall, prepayments typically accelerate, returning principal to investors to reinvest at a lower rate--exactly
and we consider the shares overvalued. The recent cut in the cash rate by the Reserve Bank of Australia has pushed mortgage rates to record lows, thereby supporting an already strong real estate market. However, the property market won't always
SYDNEY, Feb 4 (Reuters) - Two of Australia's big four banks lowered their floating mortgage rates on Wednesday, a day after the Reserve Bank of Australia cut its cash rate by a quarter point.
oil prices remain low for an extended period. While mortgage rates have slipped further, it is unlikely that the U.S. housing ..... housing market could also be negatively affected even if mortgage rates remain at record lows. BRAZIL: ECONOMIC GROWTH TO REMAIN
growth. In most cases, price growth cannot exceed income growth for extended periods of time. The exception is when mortgage rates are falling and lending standards and down payment requirements are shrinking. That was the case early in this century
because of high demand from investors seeking safe havens amidst international turmoil, will remain low, keeping mortgage rates down as well, Siegel adds. That will help the housing market continue to recover. “There’s a lot of housing in GDP,” Siegel says, noting home construction