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The Money Coach 4/4/16

Posted at 12:07 PM, Apr 04, 2016
and last updated 2016-04-04 12:07:17-04

According to Freddie Mac’s January 2016 Economic & Housing Research, “Despite slow economic growth, general weakness in the overall economy, and turmoil in financial markets, housing and mortgage markets should sustain their momentum from last year and rise another 3.7 percent in 2016.” With the housing market continuing to recover, what’s the new consumer mentality on purchasing a home? What are the savings and financial habits of Americans and where does purchasing a home fit into their overall financial plan? And with new technology, how has the home buying process changed – is it shifting with quicker loan estimates, virtual support and mobile apps?