fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107


Mortgage Industry News

« Return to Mortgage Industry News

Rising Income, Employment Lift Consumer Housing Outlook

Monday, June 8, 2015

The recent improved employment statistics which included an acceleration in average hourly earnings and a reported increase in personal income (a March to April bump of 0.4 percent) were reflected in Fannie Mae's May National Housing Survey.   The share of survey respondents reporting a significant increase in their household income of the last 12 months climbed 4 percentage points to a near all-time high of 28 percent. Those expecting an improvement in their personal financial situation rose 1 point to 46 percent, the highest rate in at least a year.


Read Full Article


"I appreciated how much Jason cared to make the whole transaction smooth and easy. He did an amazing job."
Ryan A