Construction activity going on into the building market here in order for it to see some improvement in terms of the fate for borrowers basically well the current homeownership rate in the u. S. Thats at sixty three point nine percent which is obviously below the two thousand and five peak of sixty nine point two percent so is this report reason to believe that we can actually see that rate jump up a little bit. I think its possible that we could see that i think in addition there with millennium have been holding back their their home buying activity ever since the financial crisis so i think. The optimism that were seeing from Home Building as well as sort of the jump back into the market one else will bode well Going Forward for homeownership rates well as the fed is expected to have more rate hikes for two thousand and eighteen what kind of effect do you think that could have on current and also future mortgages. Well you know in terms of the fed rate hikes i think most economists