Confidence matters more than mortgage rates in housing, and confidence just took a hit
Mortgage rates have been falling sharply over the last three months, which should be incredibly positive for the housing market, but so far reaction has been muted in both home sales and new home construction......»»
Weekly mortgage applications sink nearly 18% as coronavirus causes homebuyers to back away
Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus and higher mortgage rates......»»
Weekly mortgage applications sink nearly 18 percent as homebuyers back away
Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus and higher mortgage rates......»»
Homebuilder confidence hits highest level in nearly two years, thanks to lower mortgage rates
Builder confidence in the single-family market jumped three points in October to 71 on the National Association of Home Builders/Wells Fargo Housing Market Index......»»
Confidence in housing weakens even as mortgage rates fall
Lower mortgage rates are making buying a home slightly more affordable, but financial concerns are outweighing that benefit and lowering overall confidence in housing......»»
Confidence in housing weakens even as mortgage rates fall
Lower mortgage rates are making buying a home slightly more affordable, but financial concerns are outweighing that benefit and lowering overall confidence in housing......»»
Confidence in housing weakens just as homes become more affordable
Lower mortgage rates are making buying a home slightly more affordable, but financial concerns are outweighing that benefit and lowering overall confidence in housing......»»
Housing sentiment hits record high, as bidding wars vanish
Falling mortgage rates and strong employment drove consumer confidence in housing to a record high in July, according to a monthly index from Fannie Mae......»»
Housing confidence hits record high as home prices skyrocket
Supply is tight, prices are soaring and mortgage rates are rising......»»
Housing confidence hits record high as home prices skyrocket
Supply is tight, prices are soaring and mortgage rates are rising......»»
Mortgage rates jump past 5%, signaling more home price cuts ahead
Mortgage rates moved to the highest level in 8 years, and confidence in housing is now slipping. This as millennials are smack in the middle of their prime home buying years. Rates are expected to move even higher headed into next year. .....»»
Economic Report: Home builder confidence tumbles the most since 2014 as housing headwinds catch up
A gauge of home builder sentiment fell off a cliff in November as a litany of industry headwinds - expensive labor, scarce lots, higher mortgage rates - finally caught up......»»
Economic Report: Home builder confidence hits 3½ year low as housing crunch worsens
A measure of home builder sentiment touched its lowest in more than three years as housing market headwinds gathered steam, and the industry group that compiles the tracker blamed rising mortgage rates......»»
Economic Report: Home-builder confidence remains strong, but buyers should expect rising prices
'Low interest rates are supporting housing affordability in a market where the cost of most materials is rising.'.....»»
US Housing Starts, Permits Slide In February Ahead Of Virus Impact
US Housing Starts, Permits Slide In February Ahead Of Virus Impact Housing Starts and Building Permits were understandably expected to contract MoM in February as the virus crisis began to weigh on confidence (though rates collapsed and se.....»»
Mortgage rates fall back as consumer confidence wavers
It's been a volatile month for the 30-year fixed-rate average, which dropped to 3.64 percent this week......»»
Mortgage rates fall back as consumer confidence wavers
It's been a volatile month for the 30-year fixed-rate average, which dropped to 3.64 percent this week......»»
Homebuilder sentiment surges to highest level of the year, but there are warning signs
A sharp drop in mortgage rates in August was clearly behind the confidence in September, but rates have since reversed......»»
Falling mortgage rates boost homebuilder confidence, but not new construction
The nation's homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford homes. They are still not, however, building enough homes to meet demand......»»
Homebuilder optimism remains neutral despite lower mortgage interest rates
Homebuilder confidence rose slightly in July but fell below estimates. CNBC's Diana Olick reports on why the confidence isn't higher......»»
Economic Report: Mortgage rates sink below 4% as the trade war slaps markets
Rates for home loans fell again, taking the most popular loan product below a psychological threshold, but Americans’ confidence may be too fragile to take advantage of it......»»