Tag Archives: milliennials

New-Home Sales-Ownership Rate Rising

The Mortgage Corner New home sales shot up 19 percent in September to a consensus crushing annualized rate of 667,000. This is the largest percentage gain in 28 years and the highest level of the cycle, since October 2007. In … Continue reading

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Home Ownership Is Rising

The Mortgage Corner An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year, says the National Association … Continue reading

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Will Low Interest Rates Continue?

The Mortgage Corner This question is behind much of the stock and bond market gyrations. We are near full employment with a 5.0 percent unemployment rate, some 11 million jobs created since the end of the Great Recession, yet we … Continue reading

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Who Are the Homeowners?

The Mortgage Corner The Atlanta Federal Reserve Bank just published a housing study entitled, “It’s Not Just Millennials Who Aren’t Buying Homes,” that breaks down homeownership by age and household status. And the results show that age and whether one … Continue reading

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What Happened to Tuition-Free College?

Popular Economics Weekly Senator Bernie Sanders wants it. Until the Vietnam War, most public colleges and universities had it. So what happened to our tuition-free public universities and colleges? UC Berkeley is perhaps the poster child to what has happened … Continue reading

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Builder Confidence Holds, But Household Formation Still Weak

The Mortgage Corner Builder confidence in the market for newly-built single-family homes remained unchanged in April at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Builders remain cautiously optimistic about construction growth … Continue reading

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2016 Housing Update

The Mortgage Corner What should happen to U.S. housing in 2016, with interest rates at record lows and a healthy job market? Much will depend on population growth, and in particular the newest largest generation of all—the millennials, or Gen … Continue reading

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