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Housing activity to remain limited by mortgage rates, home prices: Fannie Mae
January 20, 2023
Mariel Alumit
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Homebuilder confidence and demand for mortgages have increased recently, keeping hopes high for an improved housing market in 2023. But a modest recession is still expected this year, and elevated mortgage rates, coupled with high […]
Builders See a Turn-Around in Housing Starts on the Horizon
January 18, 2023
Mariel Alumit
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Comments Off on Builders See a Turn-Around in Housing Starts on the Horizon
On top of the solid report on mortgage volume earlier today, comes another hopeful report from the construction industry. The National Association of Home Builders (NAHB) says builder confidence in the new home market has […]
Housing construction looks positive despite recession projections
May 23, 2023
Mark Paul Cervantes
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Comments Off on Housing construction looks positive despite recession projections
Housing demand has shifted more toward the new home market, Fannie Mae’s Economic and Strategic Research (ESR) Group noted in its May economic outlook. While mortgage rates have pulled back modestly from their highs in […]