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8 Keys to 2011’s Mortgage Market

In 2010, the housing market was hit hard as the U.S. struggled to emerge from the worst economic downturn since the Great Depression. House prices declined, there was an abundance of homes for sale, and mortgage rates dipped to lows that hadn’t been seen in decades.

Now, though, the market is still struggling, and mortgage rates on are on the rise. What can you expect in 2011?

Here are eight key factors to watch:

1. The new Consumer Financial Protection Bureau will start operating. By July 21, the struct…click below to continue reading

via 8 keys to 2011’s mortgage market – 1 – real estate – MSN Money.

Related topics: homes, home financing, interest rates, mortgage, home prices

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