Mortgage Bankers Association

In recent times the real estate sector is booming in all its five sectors, namely residential, commercial, industrial, trade and investment. Although there have been many reports and rumors of guides and crash in the housing market has been completely stable growth in the first half and will grow further in the second half of 2007. It 'obvious that the use of economic indicators to support prices, falling dollar, the demographic changes, the increase in the stock marketand a few other things.

The number of immigrants moving to the United States is growing at a rapid pace. It is estimated that in 2010 the number of immigrants has increased by about 12 million euros. The demand for homeownership under this section will draw almost 30% market share of the United States in 2010. The U.S. housing sector is nowhere but up.

Mortgage market is growing. According to the Mortgage Origination Survey, carried a fixed rate loan at 46.2%the volume of dollars for first mortgages in the second half of the year. In the first half, fixed mortgage rate of 43.3% of dollars of loan. Regarding the number of loans originated during the period, 60.5% fixed rate is in the second half of the year, up from 54% in the first.

The total volume of loans for construction in the second half of the year rose to 11% in dollar amounts over the first half and 19.4% based on the number of loans, according togroup. The Mortgage Bankers Association said the increase in collection due to an increase in the volume of domestic sales and an increase in the volume of refinancing.

With two of the biggest industries boom, the stock market is also on a high. Although financial markets have been volatile in recent weeks, credit situation tougher for some families and businesses and the housing correction is ongoing, the economy seems to continue in a widermoderate pace in coming months, supported by solid growth in employment and incomes and a healthy world economy.

Given the importance of well-functioning financial markets, surprisingly little attention to Mexico's recent progress in laying the foundations for a global financial system. A series of reforms adopted until many quiet in the past few years point to a financial big bang in its infancy. This fast-growing market for mortgage-backed securities is aexcellent example of the success of Mexico in development finance. Not long ago, the financing of home purchases were scarce, and usually requires getting a payout of 50 percent or more of a relatively expensive variable-rate loan. He is now a growing number of people who have access to competitively priced fixed rate mortgages.

All the facts above tell the story of success of the role of guides and real estate industries in the course of the economy.