DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6npdwp/housing_mortgage) has announced the addition of the "Housing Mortgage Market in the US 2014-2018" report to their offering.
The analysts forecast the Housing Mortgage market in the US to grow at a CAGR of 1.75% over the period 2013-2018
To calculate the market size, the report considers the loan volume of primary housing mortgage banks, credit unions, and financial institutions. It takes into consideration the various product segments such as Home Purchase, Home Improvement, and Refinancing. The report mentions the role played by Federal Government by the way of government-sponsored enterprises operating in the system.
One key trend in the market is the lower incidence of foreclosures. An increase in consumer spending sentiments with improved job conditions is helping lower the foreclosures.
According to the report, one of the major drivers of the market is the improving demand for home loans in the US. With improving GDP and per capita income, the market is improving and the purchasing capability of middle- and higher-income groups is increasing.
Further, the report states that one of the main challenges in the market is shrinking lending capacity. Vendors need to push their lending capacity to fulfill buyers' expectations. Lenders are beginning to strategize so that they can capitalize on home purchase mortgages without jeopardizing the Refinancing segment's revenue, which is a difficult task for lenders.
Key Vendors
- Bank of America
- Citigroup
- JPMorgan Chase
- U.S. Bancorp
- Wells Fargo
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/6npdwp/housing_mortgage
