February 13th, 2014 3:00 PM by Michael and Jill Kohler
1. Easier to get a purchase mortgage in 2014
FHA mortgages with low money down will be a key driver for the first time home buyer. They will be easier to obtain to offset a decline in refinancing.
Higher mortgage rates and higher prices in 2014
Buying will remain cheaper than renting. (til rates hit above 5.25%)
2. Real Estate Market less frenzy
More listings equals inventory in 2014 which is great for buyers. Also fewer investors since prices have risen higher.
A fed cut on bond buying will make rates rise. (when economy strengthens)3. Repeat buyers take center stage
Three types of buyers
To prequalify for a mortgage loan, Get your FREE Quote Now!source: Trulia