Us Housing Market

When rates were low, many homeowners — including millennials — locked in low rates and now won’t move. This will restrict supply and keep prices high. As Gen Z looks to buy their starter homes, they will face both high rates and high prices. It may be years before the housing market is affordable again. This could create even more intergenerational conflict between cheap-mortgage-paying millennials and high-rent-paying Gen Zers

Nobel Prize US winner warns of 'bubbly' global home prices

Robert Shiller, who shared the 8 million Swedish crown (USD 1.25 million) prize with fellow laureates Eugene Fama and Lars Peter Hansen, said the US Federal Reserve's economic stimulus and growing market speculation were creating a 'bubbly' property boom.

Even worthy borrowers can't get mortgages: Bernanke

Banks have become so restrictive in making mortgages that many worthy home buyers are being frozen out of the US housing market, and lending practices are not likely to loosen any time soon, Federal Reserve Chairman Ben Bernanke said on Thursday.

After the bailout: Few fans but no fix for Fannie & Freddie

In considering how to fix the ailing US housing market, Republicans and Democrats in Washington have found a rare point of agreement: they would prefer life without failed mortgage giants Fannie Mae and Freddie Mac.

Euro zone tensions boost German debt

Fears of a resurgence in the euro zone debt crisis boosted demand for safe-haven German bonds on Wednesday, while the Bank of England and a European Central Bank official signalled more monetary policy easing measures were unlikely.

Expect small stimulus to defend GDP growth in US: Churnside

According to James Chirnside, Managing Director-Research & Investments at Asia Pacific Asset Management the major problem in the US is the housing market, where the confidence is low. He further adds that low levels of GDP growth may see a stimulus package to the economy.

Some signs of life in US housing

Like an increasing number of well-heeled Americans, the Hodgsons decided it was time to buy a new home, even if most of the US housing market remains in the dumps.

Securitisation to the rescue: Column

Asset-backed securities are slowly but surely clawing their way back to respectability, having been cast aside as a pariah for having, if not caused, then certainly exacerbated the global financial crisis in the eyes of the general populace.