Predictions for Housing in 2015

The article linked below highlights the 2015 predictions for housing by Fitch Ratings analysts.

http://www.housingwire.com/articles/32625-fitch-6-...

1. Home price growth will slow.

2. Interest rates WILL rise in 2015, but it won’t be as bad as you think.

3. Rising rates will cause a decline in mortgage volume.

4. Delinquency rates will improve.

5. Prepayments will slow down.

6. The rate of homeownership will remain low, permanently.

Note that homeownership is predicted to remain low, making a case for buy and hold investments.