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Housing will fuel the US economic recovery

 

Mortgageorg.com

Billionaire investor Warren Buffett has seen the future of the economic recovery,
and he predicts that residential housing will drive the effort.

In an interview with Bloomberg Television, the Berkshire Hathaway chairman and
CEO said he believes the current 9.2% unemployment rate will fall when the housing sector
gets its second wind. "We will come back big time on employment when residential construction
comes back," Buffett said, adding the unemployment rate will decline to 6% "within a
few years."  

Buffett's latest comments confirm his optimism that a housing market turnaround is imminent.
In February, he predicted that a housing recovery would commence "within a year or so."

To discuss your financial needs, Contact Us at 708-857-1897.

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:: Apply Online :: First Time Home Buyer :: Interest Rates :: Loan Programs :: Pre-Qualify :: Refer Friends & Family :: Calculators :: Rate Alert :: Request Loan Status :: Application Checklist :: Buying a Home :: Forms :: Frequently Asked Questions :: HARP :: Loan Process :: Refinance :: Consumer Tips :: Testimonials :: Single Property Websites :: About Us :: Career Opportunities :: Crown Insurance :: Direct Mortgage Payment Authorization :: Loss Mitigation Program :: Chicago Mortgage Facts :: Library :: Tell-A-Friend :: Update Profile :: Tax Information ::

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