While other tests (including the National Assessment
of Educational Progress) show that U.S. student achievement is improving, TIMSS makes clear that these
improvements are not
rapid enough to keep
pace with other nations in an increasingly global economy.
According to our second quarter Mortgage Lender Sentiment Survey, lenders expect to ease credit standards further; however, we continue to project that the
pace of growth in total home sales will slow to 3.3 percent this year, as we believe
rapid home price gains amid scarce supply will remain a hurdle for potential homebuyers, despite
improvements in credit access.»