Source: Yahoo! News — National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the state of the housing market, home builder sentiment, inflation, Fed interest rate hikes, a housing recession, […]
Source: FT Adviser — Homeowners weighing up forbearance options in light of rising interest rates should be making cuts to their subscriptions before they consider making changes to their mortgages, brokers have said. This month, […]
Source: The Ascent — These days, signing a mortgage means taking on a really big financial commitment. Home values are still elevated on a national level, and mortgage rates are the highest they’ve been in decades. And […]
Source: CNBC — Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a […]
Source: Consumer Financial Protection Bureau — Over the past two years, interest rates have risen from historical lows to as high as 7% for 30-year fixed-rate mortgages. Interest rates have remained elevated at levels that […]
The Housing Market Index (HMI) from the National Association of Homebuilders (NAHB)–typically referred to simply as “builder confidence”–is argued to be both an advance indicator and a lagging indicator depending on who is doing the […]
Housing Starts, the jargon word used to refer to the inception of new residential construction, have a fairly logical relationship with building permits. The latter tends to run a bit higher on average since the […]
Continuing declines in interest rates contributed to a substantial increase in applications for refinancing heading into the holiday season. This pushed the overall application volume fractionally higher. The Mortgage Bankers Association (MBA) said its Market […]
“No one” is a relative term when it comes to economic data. There are actually about 4 million people per year buying existing homes based on the annualized and seasonally adjusted pace in the latest […]
New home sales in November were a bit of a surprise, but a downward revision to October numbers accounted for much of the unexpected increase. The U.S. Census Bureau and Department of Housing and Urban […]
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