Items Tagged with '2017 forecast'

ARTICLES

  • Monday Morning Cup of Coffee: Reasons to be optimistic in 2017

    Forecasts for the holiday season and beyond
    This year is almost over, and housing industry experts are all making their predictions for 2017. Although not everyone agrees on what next year will look like after President-elect Donald Trump is inaugurated and in the midst of a rapid rise in interest rates, most economists have a positive outlook for next year. 
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  • NAR forecasts minimal gain in home sales for 2017

    Consumers less confident about buying a home
    The National Association of Realtors is predicting a slight increase in home sales next year, but says inventory will continue to be a problem. In fact, new homes for first-time buyers may be the key to keeping the housing market on track in 2017.
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  • KBRA: Mortgage lending will peak in 2016, fall off in 2017 and beyond

    Rising interest rates, home price appreciation will slow originations
    To borrow a phrase from Game of Thrones, winter is coming in more ways than just on the calendar. Winter is coming from mortgage lending too, according to a new report from Kroll Bond Rating Agency. KBRA’s new report states that 2016 will likely be the peak year for mortgage originations for “years to come,” as a fall in origination volume will occur in 2017 and beyond.
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  • Freddie Mac: Mortgage market soaring in 2016, will fall back in 2017

    Time to get while the getting's good
    Freddie Mac continues to believe that mortgage lending is on track for a big year this year, but now expects the market to tap the brakes in 2017. But it won’t be purchase mortgage originations that will drag down 2017’s origination total, as purchase and home improvement mortgage activity is actually expected to rise next year. According to the Freddie Mac report, next year’s drop will be driven by a significant decline in refinances.
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