Expected slowdown in remodeling is good news for mortgage business

Good news for first-time home buyers: Home-price appreciation is expected to cool down in 2018 after a torrid couple of years. Home prices rose 6.3% in 2016, according to the Federal Housing.

Loan officers’ online presence is often flawed, study finds Paul is the director of recruitment at Times Clockworks. After running a thorough study of their employees’ backgrounds, Paul finds that Times Clockworks has disparate impact in the proportion of Hispanic employees compared to the proportion of Hispanics in its labor market.

Expected slowdown in remodeling is good news for mortgage business remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst, but several forecasts point to a potential slowdown on the horizon, which is a welcome sign for the mortgage business.

While the much slower price growth is good news for affordability, the. on residential construction and on real estate agent and mortgage lender jobs. remodeling and renovation activity since.. to business cycles and are determined by.. Table 2: Canada Housing Market, History and Baseline Forecast.

First, consider the macroeconomic aspects of a recession and how they affect capital markets. When a recession hits, companies slow down business investments. However, even in a decline, there is.

New-home sales declined more than forecast in December

With an expected slowdown of rate increases, variable/adjustable rate products may be a more favorable option right now. canadianmortgagetrends.com Tempered Rate Forecasts for 2019 – Mortgage Rates & Mortgage Broker News in Canada

Find the latest news, headlines, blogs and watch video about real estate, housing, mortgages, refinancing, apr and real estate markets from CNBC.com.

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.

Mortgage rates continue to fall and the Treasury yield curve. A surge in volatility during a major market setback in May.

Wells Fargo cements DeVito’s role as head of home lending Wells Fargo 2017 Investor Day consumer lending 14 home lending overview broad retail distribution to Serve Customers: 8,000 Home Mortgage Consultants in local markets and in our centralized call centers Over 450 stand-alone mortgage locations plus co-locations with Community Bank and Wealth/Advisors $134B in volume in 2016Freddie prices its first CRT bonds backed by tax-exempt rental loans Presentation Title – Freddie Mac – perform its own legal, accounting and tax analysis and conclude that. Credit Risk Transfer (CRT) Overview. first quarter of 2013. family rentals and assist FHFA in assessing single-family rental.. No government guaranteed loans. wac drift; results in non-par pricing Floating; all bonds priced at par.

Originations of single-family first-lien mortgages are predicted to slide around 8% to $1.66 trillion amid a slowdown in home sales growth and lower refinance volume due to higher mortgage rates.

The first half of 2019 surprised housing markets across the country: Mortgage rates fell. That’s the opposite of what the experts had predicted at the beginning of the year, and it’s welcome news for.