As the Administration continues to push servicers to provide more effective assistance to struggling homeowners, the
ongoing recovery of the housing market demonstrates the need for the Administration's efforts.
As the Administration continues to push servicers to provide more effective assistance to struggling homeowners, the ongoing
recovery of the housing market demonstrates the need for the Administration's continuing efforts.
«New - home production numbers are in line with our forecast for a slow and
steady recovery of the housing market,» said Robert Dietz, chief economist of the National Association of Home Builders (NAHB), in a statement.
«This month's new - home sales report is consistent with other government data and rising builder confidence that indicate a
continual recovery of the housing market,» says David Crowe, NAHB's chief economist.
«Builder confidence levels have remained consistently sound this year, reflecting the ongoing
gradual recovery of the housing market,» said Granger MacDonald, chairman of the NAHB, in a statement.
«Excessive student debt can slow
the recovery of the housing market,» CFPB student - loan ombudsman Rohit Chopra wrote in a blog post.
The low mortgage rates are helping to stimulate
the recovery of the housing market.
However, because
the recovery of the housing market has been slow, lawmakers have extended the tax break and is in effect for PMI premiums paid through 2013.
I expressed concern at the time that student debt levels may impede
the recovery of the housing market, since borrowers may be less able to accumulate a down payment or qualify for a mortgage.
Increasing the minimum down payment from 3.5 % to 5 % would contribute an estimated $ 500,000 to FHA's lagging reserves, but the Commissioner cautions that larger down payments would largely impact first time homebuyers «potentially forestalling
the recovery of the housing market, and potentially leading to a double - dip in housing prices by significantly curtailing demand.»
Anything that increases a barrier to homeownership is certain to create more headwinds for
the recovery of the housing market.
If we do not get this right it will have a negative impact on consumers, banks and
the recovery of the housing market.»
Consumers are more hesitant to take on additional financial commitments, and a setback to confidence means a setback to
the recovery of the housing market,» Duncan continues.
Results from Fannie Mae's September 2012 National Housing Survey show Americans» optimism about
the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of mortgage rate decreases experienced throughout the summer.
«Constrained inventory will continue to limit
the recovery of the housing market, and it doesn't seem likely that we're going to see a surge in the number of homes for sale as the spring home buying season approaches,» Ten - X Executive Vice President Rick Sharga said about the forecast.
The recovery of the housing market has generally been slow since the Great Financial Crisis (GFC) but it does continue to improve.
Results from the survey show Americans» optimism about
the recovery of the housing market, and that homeownership continued its gradual climb, bolstered by a series of mortgage rate decreases experienced throughout the summer.
REO sales continue to make an impact on the overall health and
recovery of the housing market.
«Constrained inventory will continue to limit
the recovery of the housing market, and it doesn't seem likely that we're going to see a surge in the number of homes for sale as the spring home buying season approaches,» Ten - X Executive Vice President Rick Sharga said.
Consumers are more hesitant to take on additional financial commitments, and a setback to confidence means a setback to
the recovery of the housing market.»