Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Mortgage portfolio heads up 5 plan to buy home in 2010
MADISON, Wis. (11/12/09)--Only 5% of Americans say they intend to buy a home in the next year, according to a survey conducted by Move.com. In a similar vein, the Filene Research Institute has just released a report about the future of home ownership and related business opportunities for credit unions. The survey by the real estate listings site indicates that roughly 25% of potential buyers said the No. 1 reason they would purchase a home now is because prices seem to have bottomed out, beating out other factors that include: a wide selection of homes, worries about rising interest rates, and the availability of bargain-priced foreclosures (USA Today Nov. 11). A Filene report, titled “Reimagining the Dream: The Future of Home Ownership,” addresses the “American dream” of buying, owning and maintaining homes and provides credit unions with advice on changes and trends in the housing market (LoneStar Leaguer Nov. 6). Included in the report--by Denise Gabel, Filene chief innovation officer, and Robert Manning from the Rochester Institute of Technology--are historical perspectives, current conditions and idea-generating topics concerning home ownership. Filene is conducting a webinar on the topic Dec. 2. For more information on report and webinar, use the link.
Other Resources

RSS print
News Now LiveWire
.@TheNCUA has issued prohibition orders against three individuals. http://t.co/oOjgCGreuz
20 minutes ago
Charities benefit from #creditunions on the links See #NewsNow http://t.co/NobhsozWJx
59 minutes ago
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
15 hours ago
#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations http://t.co/WnDzOcxdOZ
18 hours ago
.@ABCULCUs give hat tip to America's #100MM #creditunion milestone http://t.co/q8yo6Lx3LM
18 hours ago