Will Immigrants Continue to Fuel Mortgage Demand as National Security Concerns Evolve?
November 23, 2005
Housing and mortgage forecasters have pegged a significant share of future business on the expanding immigrant population, but there has been some speculation recently that harsher immigration policies in a post 9/11 world could lead to slower-than-expected growth rates.A report released by the Fannie Mae Foundation in 2001 concluded that immigrants would play a key role in a 12 million net increase in new households during the current decade...