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HomeBuilders

Builders

homebuilders
Builders

The homebuilders’ war for market share fueling the economy

November 18, 2023 Mariel Alumit Comments Off on The homebuilders’ war for market share fueling the economy

When market players say housing leads us into a recession, it traditionally means the Federal Reserve raised rates too much, housing slowed down as a result and a job-loss recession isn’t too far off. But […]

Builder Confidence
Builders

Builder Confidence Mixed in Market for New Multifamily Housing

November 17, 2023 Mariel Alumit Comments Off on Builder Confidence Mixed in Market for New Multifamily Housing

Builder confidence in the market for new multifamily housing was mixed during the third quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS […]

record
Builders

Housing costs have just hit a ‘new record’: Here’s what that adds up to in dollars and cents

November 7, 2023 Allen Santos Comments Off on Housing costs have just hit a ‘new record’: Here’s what that adds up to in dollars and cents

With mortgage interest rates hitting record highs not seen in decades and quickly approaching 8%, many might wonder: How much more does it actually cost to buy a house today? According to a new report […]

mortgage rates
Builders

Builders enjoy a world of sub-6% mortgage rates

October 26, 2023 Mariel Alumit Comments Off on Builders enjoy a world of sub-6% mortgage rates

While existing homebuyers have been battling high mortgage rates for months — which are now at 8% — the builders are wooing buyers with lower rates and incentives. Today, the new home sales data beat […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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