OREANDA-NEWS. Fitch Ratings is hosting a teleconference to discuss its recently published Global Housing and Mortgage Outlook report.

The report covers 22 of the world's residential mortgage markets and provides a comprehensive cross-country comparison of the outlook for house prices, lending volumes, affordability for the coming years, as well as a new section on how home ownership has changed. All but five of these markets are expected to show zero to positive house price growth, four of those five being in the eurozone where deflation has become the watchword. Greece, inevitably, has the worst expectations. But Spain has moved out of the 'relegation zone', with a stable price outlook and with only a moderate deterioration in arrears expected, following seven years of underperformance.

The teleconference will cover some of the highlights of the report with particular focus on the US, Canada, Australia, UK, Netherlands and peripheral Europe. In addition, the impact of these market trends on RMBS ratings will be discussed.

There will be no presentation provided but references will be made to sections of the report during the call, so please have a copy to hand.