Lack of inventory main headwind in housing market, says pro

mortgage rates today, November 29, plus lock recommendations Mortgage rates today, June 5, 2019, plus lock recommendations mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates.

Lack of inventory main headwind in housing market, says pro Increasing growth estimate for the US: OECD acting chief economist Expect UK borrowing forecast to be reduced: HSBC

A long rally in the housing market stumbled in 2018 and looks poised to slow further, another headwind for a U.S. economic expansion already contending with choppy financial markets and global.

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While the housing market continues to make steady gains, the lack of inventory keeps it from a full recovery. And to make it more difficult, the lack of construction workers isn’t helping either.

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Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen in 2018. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory.

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Lack of inventory main headwind in housing market, says pro 7:18 AM ET Tue, 13 March 2018 Mike Fratantoni, Mortgage Bankers Association, provides insight to rising interest rates and what it means.

Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen in 2018. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory.

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Lack of inventory main headwind in housing market, says pro1 hour agomike Fratantoni, Mortgage Bankers Association, provides insight to rising interest rates and what it means for the overall housing market. The major constraint to the market right now is the lack of supply, says Fratantoni.

Existing-home sales had a banner 2016, amounting to 5.45 million-an increase from 5.25 million in 2015 and a decade-high from 6.48 million in 2006, according to the National Association of.