Posted To: MND NewsWire
The Urban Institute (UI) releases a regular report, Housing Finance at a Glance , a "chartbook" loaded with charts and commentary on mortgage activity. The current edition is primarily for the period ending with the first quarter of 2017, although some data is from the second quarter. Much of the chartbook's material, residential construction data, home price indices, negative equity reports, etc., has been covered by MND from original sources, but we have cherry-picked a few items that may have otherwise escaped your and our notice. Overview of Housing and Mortgage Market Value The total value of the housing market, as reported by the Federal Reserve's Flow of Funds report has been steadily increasing since 2012, driven by growing household equity. In the first quarter of 2017 total debt and...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2sqNhZu
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