The Mortgage Bankers Association (MBA) has released a study on the current real estate and mortgage markets. The study discusses the current state of the housing markets, the growth of innovative mortgage products, and the impact of developments in the housing and mortgage markets on households, financial institutions, the financial markets, and the economy more broadly.
One interesting point is the MBA’s speculation regarding a potential housing bubble, and the use of non-traditional, low interest mortgages. Good timing. We just learned about the pros and cons of low interest rate mortages.
You can read the entire study from their site here.here.
Gus Moore heads up Miami Beach 411 as site administrator. You can reach him at 1-305-754-2206.