Sentences with phrase «current lower house prices»

Nevertheless, despite the potential for interest rates to rise, the current lower house prices, rising rents and improving bond deals are tempting investors once more.

Current low housing prices, coupled with historically low interest rates (the 20 year average is 7 % but a minimum down FHA loan can be had for 4.5 % today), explains why the monthly mortgage payment on a median priced house bought with a 20 % down payment has fallen to an all - time low of 13 % of the median income.

Not exact matches

«Despite being increasingly unaffordable for new home buyers, the current expensive housing prices are rational, and should be expected in the low interest rate environment.»

«In the current housing market, the driving force behind the increase in prices is a low supply of both new and existing homes combined with historically low rates.

What this shows is the current level of CBA mortgage arrears is very low at.32 % which in our opinion reflects the sharp rise in housing prices.

Without more action by the government to help housing, the Fed warns that «the adjustment process will take longer and incur more deadweight losses, pushing house prices lower and thereby prolonging the downward pressure on the wealth of current home owners and the resultant drag on the economy at large.»

Meanwhile, because of low housing prices and mortgage rates, the percentage of people who say that the current economic situation now makes them more likely to buy a house has risen from eight percent to 11 percent.

In the current housing market, the driving force behind the increase in prices is a low supply of both new and existing homes combined with historically low rates.

With record - low mortgage rates, appealing prices and an upgraded housing forecast this year (the National Association of REALTORS ® expects existing home sales to reach 4.66 million in 2012), current market conditions continue to generate interest among first - time home buyers.

«The rise in housing prices and the increase in household investment in houses and consumer durables do not appear out of line with what might be expected in the current environment of low interest rates and continuing growth in real disposable incomes,» Kohn averred.

«While the current economic crisis has caused some first - time buyers to either take it slowly or apply the brakes, home ownership remains a top priority for those who are able to take advantage of reduced carrying costs, rock bottom interest rates and lower house prices,» says Michael Polzler, executive vice-president and regional director, Re / Max Ontario - Atlantic Canada.

Total housing inventory at the end of April rose 11.9 percent, a seasonal increase to 2.16 million existing homes available for sale, which represents a 5.2 - month supply at the current sales pace, compared with 4.7 months in March.Listed inventory is 13.6 percent below a year ago, when there was a 6.6 - month supply, with current availability tighter in the lower price ranges.

The forecast for Houston Real Estate Market is good, and current housing prices are relatively low in the wake of Hurricane Harvey, so if you want to get on board the Houston housing investment market then now would be a great opportunity to do so.

Don Lawby, president of Century 21 Canada, says, «Whether executive house prices are at the high or low end of the range, in Canada or elsewhere in the world, depends on the current state of the local economies — and our survey reflects that Vancouver and Calgary are booming whether you compare them to cities in the rest of Canada or to cities around the world.»

Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.