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Expected slowdown in remodeling is good news for mortgage business

Mortgage News Daily – Mortgage And Real Estate News – Mortgage News Daily provides up to the minute mortgage and real estate news including mortgage rates, mortgage rss feeds and blog.

Get up to date information for home buyers. We regularly publish articles on loans, mortgage news, and more. Come say hello!. Good news is typically bad news for bonds and home loan rates.. bad news by way of worse-than-expected economic numbers in Europe cast a dark shadow on the.

Manhattan home sales tumble as buyers push back Mansion Crisis: Hamptons Home Sales Tumble To 7 Year Low – The added supply is expected to push home prices lower as buyers gain the upper hand. "Price adjustment is the trigger," Cervi said. "That’s what brings people back into the market." The wealth of the Hamptons real-estate market is closely correlated with those of nearby Manhattan, another real estate market that is quickly cooling.NMI stock offering enhances future capital raising abilities

The Trump bump has faded, and the real estate market is expected to soften into 2019. The annual growth in national home improvement and repair spending by Americans is expected to slow in 2019, according to the Leading Indicator of Remodeling Activity (LIRA) released Thursday by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

"Home sales are set to tread water over the next couple of years, which is good news for the rental sector," the Capital Economics economists Matthew Pointon and Andrew Burrell wrote in a recent.

Mortgage rates rise again, but shouldn’t affect home buying Mortgage rates began rising after the 2016 presidential election, and experts are predicting that they will continue to rise (at a slower pace) in 2017. But don’t panic. In fact, rates are still very low and now is a great time to refinance or purchase before rates rise again. What You Need to Know about Mortgages in 2017

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This won’t be the only cut in interest rates we see in coming months – which may be good news for people with mortgages, but it’s a bad sign for the economy in which we live and work.

Built Technologies raises capital to tackle construction lending How Built Technologies Inc. attracted Silicon Valley-based. – Goldberg’s firm index ventures led the round, with New York City-based venture capital firm nyca partners also joining the raise. built works as a middle-man for those in construction lending by.

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