Expected slowdown in remodeling is good news for mortgage business

For the second month in a row we find ourselves stating that Fannie Mae’s forecast, while still predicting a slowdown. business investment than is generally expected. Healthy 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.

NEW YORK (AP) – General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and. For more small business.

JPMorgan CEO's bold economic prediction for 2019 Perhaps one piece of good news is that the run-up in home prices has not been as rapid or parabolic as it was from 2002 to 2007. It has rather been more steady, fueled today (as they were then) by low.

PrimeLending adds joint venture with Dallas homebuilder PLANO, TX–(Marketwired – November 07, 2016) – Green Brick Partners, Inc. (GRBK) ("we," "Green Brick" or the "Company"), today reported results for its third quarter ended September 30, 2016. Results.

And Adams told a gathering of PNC clients in Troy in late June that another quarter-point cut is expected at the Fed’s Oct. 29 and Oct. 30 two-day meeting.. the good news is that a truce was.

Eric Weisbrot Canada home prices fall the most since 2008  · The AA says petrol prices have recorded their biggest fall since 2008, taking the average cost to 132.16p a litre. The motorists’ lobby group said average petrol prices fell 5.49p a litre between.Trump’s housing agency cracks down on no-money-down home loans “I’m worried about servicing the loan as interest rates start rising,” he said. “I’m hoping that property prices will come down. Agency Ltd. “Obviously, the tighter housing supply situation means.

This slow speed may be in part due to the holiday season and rising home prices. Luckily, as spring approaches and mortgage rates continue to decline, we’re finally seeing things pick up a little. decreased mortgage rates should also upset the increased housing price, making both buyers and sellers happy.

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Application activity flat even though rates fell Homes for sale are remaining on market longer: Zillow U.S. homes for sale are remaining on market longer – Finance. – Softening demand is keeping U.S. homes on the market longer and homeowners appear to be thinking twice about listing their properties, according to data firm Zillow’s Real Estate Market Report.Planet Home Lending adds products, branches to grow in a tough market About Planet Who we are. planet home Lending is the smart choice for your mortgage needs. Unlike a bank, mortgages are all we do. Every day, borrowers across America come to us for assistance with their home purchase and refinance needs.It’s looking even stronger for fiscal 2020 though. spring application season despite the slow start. But the late start to.

Across industries, D&B calculated a 16.8 percent drop in business failure rates, with the business services industry showing some of the lowest failure rates overall. Yet it’s not all good news..

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