Conventional Financing Gains Ground
In another sign of the increasing health of the housing market, the share of mortgage financing made through conventional loans continues to expand. In 2011, at a low point, the share of conventional financing was 62% while preliminary estimates for 2014 indicate that that figure has climbed to 72%. At its recent peak in 2006/2007, conventional financing accounted for approximately 90% of all mortgages.
About author
You might also like
The Vanishing San Diego Single-Family Home
By Philip Molnar Many people still dream of buying a house that includes a few bedrooms, a yard to play in and a porch to watch the comings and goings
Corelogic’s 2015 Housing Outlook
For 2015, Corelogic sees the lower-end / first-time homebuyer market taking primacy over the higher-end price category as employment growth strengthens, particularly among the first-time homebuyer age group. As a
Housing Market in Period of Normalcy
After over a decade of wild volatility in the housing market, conditions seems to be settling into a period of normalcy characterized by stability and slow growth. National home prices
