WASHINGTON and NEW YORK and LONDON, Dec. 3, 2015 /PRNewswire/ -- As a leading distributor of market intelligence, MarketResearch.com is pleased to provide insights into the housing mortgage market.
In November, the Mortgage Bankers Association released a report that said only about 0.38% of loans went into the foreclosure process during the third quarter, the lowest rate since the second quarter of 2005. The current foreclosure problem can be attributed to loans made before 2009, not to more recent loans.
According to a report by TechNavio, the housing mortgage market in the U.S. is forecasted to grow at a compound annual growth rate (CAGR) of 1.75% over the period 2013-2018.
To see that report, visit: http://www.marketresearch.com/Infiniti-Research-Limited-v2680/Housing-Mortgage-8483351/?progid=88088
The present economy has created many growth prospects for the housing market in the U.S. Some of the major contributing factors that have created a stable environment for loans and mortgages have also worked favorably in housing construction.
In a blog posted last month, MarketResearch.com found that the construction of single-family homes has risen 1.3% and construction of condominiums and apartments grew about 4.9%. Apartment and condominium construction has seen one of the quickest recoveries in residential construction since 2010.
To see that blog, visit: http://hubs.ly/H01rRgH0
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