Items Tagged with 'economic recovery'

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From HW Magazine

Why immigrants are crucial to the housing market

The driving force behind 40% of housing demand, and growing
Despite all the media attention focused on Hispanic immigrants, the fastest-growing group of immigrants is actually Asians and, more specifically, Indians. Indians as well as Chinese-Americans are also more likely to own than rent.
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Yellen: If nothing changes, expect higher interest rates this year

Contingent on “continued improvement” in labor market conditions
As predicted by many economists, the Federal Reserve is indeed considering raising the Federal Funds Rate later this year, Fed Chair Janet Yellen said Friday. And if the economy improves as expected, she believes it will be “appropriate” for the Fed to raise the Federal Funds Rate this year, which in turn, would affect mortgage interest rates.
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President Obama: No more housing initiatives

Middle class focus and praise for increased regulation

"We believed that sensible regulations could prevent another crisis, shield families from ruin, and encourage fair competition. Today, we have new tools to stop taxpayer-funded bailouts, and a new consumer watchdog to protect us from predatory lending and abusive credit card practices."


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