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Builders Credit Consumers for Increased Optimism

by devteam November 18th, 2014

New home builders regained some of the confidence in the market they had displayed in September after wavering significantly in October. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), a measure of builder attitudes

Good News for Housing and Consumers From FHA

by devteam November 18th, 2014

Despite dire predictions from many quarters the Federal Housing Administration's (FHA's) Mutual Mortgage Insurance Fund (MMIF) has returned to solvency. And it did it a full three years ahead of the best estimates back in 2012. The Department of Housing

2015: Economic Growth will Drive Household Formation and Housing Activity

by devteam November 18th, 2014

The prognosticators are already gearing up for the New Year and at least one foresees a strong economy in 2015. Freddie Mac's chief economist Frank E. Nothaft is forecasting 3.0 percent growth in the economy which would make 2015 only the second year

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