A new report out by Freddie Mac takes a hard look at the housing numbers over the past year and concludes there’s plenty of room for optimism for 2014. RISMedia has summarized the full analysis which project that the mortgage market will be dominated by purchase loans rather than refinances for the first time since 2000, with a mortgage interest rate hovering around the five percent mark. Housing starts are projected to be 1.5 million, which will make a dent in the unemployment rate by creating an estimated 700,000 new jobs. The study suggests that the unemployment rate will fall below 7% by the middle of next year. Housing prices are going to rise, not surprisingly, but the pace of the price increase is not expected to be out of control like we saw approximately seven years ago. All in all, we can relax a little over the holidays because 2014 is expected to be a sane, healthy real estate season. Go to RISMedia for the summary or check out the Executive Perspectives blog over at Freddie Mac.