Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
The deal is likely to include cash, as well as a chunk of consumer relief and contribute to the $130 billion legal tab rung up by the big banks for their actions during the crisis.
Not much chance of another cut in interest rates then Mr. Poloz?... Yet another warning over Canada’s housing market…“No signs of cooling” says BC agent… Consumers still expect house prices to rise…
The generation is forecasted to be a driving force in housing in 2015 and traditional marketing methods aren’t enough to attract the newest consumer power group.
The number of people quitting their jobs has hit a seven-year high and it could be a good thing.
Is the housing market so frail that it could be demolished by higher mortgage rates?
The group is calling on regulators to investigate alleged pro-foreclosure campaigns that they claim have been launched by several Wall Street giants.