- The major vendors in the Housing Mortgage Market in the US 2014-2018 include Bank of America Corp., Citigroup Inc., JPMorgan Chase and Co., U.S. Bancorp and Wells Fargo and Co.
London, 08 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Housing Mortgage Market in the US 2014-2018. One key trend upcoming in the market is the lower incidence of foreclosures. An increase in consumer spending sentiments with improved job conditions is helping lower the foreclosures. The Housing Mortgage market in the US is expected to grow at a CAGR of 1.75 percent during the period 2013-2018.
“The improved job market and the improving economy have resulted in enhanced purchasing capacity. This has boosted the demand for housing loans,” says Faisal Ghaus, Vice President of TechNavio Research.
“A complimentary measure that has been taken is that borrowers are required to make a higher down payment. This will ensure good credibility and a lower risk in the system.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
