Will 2015 see a housing boom?

By Amy Patterson


According to a recent index report by the National Association of Home Builders, more markets have returned to normal, yielding 90% nationwide normal economic and housing activity. The index focuses on current factors such as current price, employment and current permit data.

The chair of the National Association of Home Builders said that, “a growing economy and rising consumer confidence should help drive the release of pent up demand in 2015.”

This data, coupled with lowered down payment requirements from Fannie Mae and Freddie Mac, as well as record low interest rates on mortgages, are the perfect storm of factors to create a booming housing market in 2015.



Tags: Mortgage, Finances, Rates, Credit, Home Loans, Money, FHA loans