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Mortgage Rates Continue to Plague Homebuilder Confidence

As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back their hopes for the housing construction market, according to the l.....»»

Category: realestateSource: rismediaMay 15th, 2024

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......»»

Category: realestateSource: cnbcOct 16th, 2019

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......»»

Category: realestateSource: cnbcSep 17th, 2019

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......»»

Category: realestateSource: cnbcAug 15th, 2019

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......»»

Category: realestateSource: cnbcJul 16th, 2019

Optimism among home builders slides for 4th consecutive month; rising mortgage rates blamed

Homebuilder confidence is sliding for the fourth consecutive month as steadily rising mortgage rates and sky-high home prices put ownership out of reach for more Americans.  .....»»

Category: topSource: usatodayApr 16th, 2018

Homebuilder confidence plummets to the lowest level in more than two years as "demand stalls"

Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders......»»

Category: realestateSource: cnbcNov 19th, 2018

Homebuilder confidence falls lowest level in more than 2 years

Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders......»»

Category: topSource: moneycentralNov 19th, 2018

Homebuilder confidence plummets to the lowest level in more than two years as 'demand stalls' - CNBC

CNBCHomebuilder confidence plummets to the lowest level in more than two years as 'demand stalls'CNBCRising mortgage rates an.....»»

Category: topSource: googlenewsNov 19th, 2018

Mortgage Interest Rates Today, May 15, 2024 | Rates Hold in High 6% Range

These are today's mortgage and refinance rates. Mortgage rates continue to hover in the up.....»»

Category: topSource: businessinsiderMay 15th, 2024

Consumer Confidence Retreats in April

Consumers have been feeling the waves of unrest in the economy, with mortgage rates now back up above 7% and the PCE index—the Fed’s favorite measure of inflation—up b.....»»

Category: realestateSource: rismediaMay 1st, 2024

U.S. mortgage rates continue ascent above 7%

Freddie Mac reports the 30-year fixed mortgage rate averaged 7.17% for the week ending April 25 — up from 7.10% last week......»»

Category: topSource: bizjournalsApr 28th, 2024

MORTGAGE MIX: Top Loan Officers Indicted for Fraud; Fed Highlights Financial Concerns

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. –Rates continue to push above 7%, according to the latest data from Freddie Mac, as new infla.....»»

Category: realestateSource: rismediaApr 28th, 2024

Pending Home Sales Jump 3.4% in March, Expected to Continue Upward Trend

Despite rising mortgage rates, pending home sales jumped 3.4% in March, according to the latest housing report from the National Association of REALTORS® (NAR). Transaction volumes in the Northeast, South and West .....»»

Category: realestateSource: rismediaApr 25th, 2024

Mortgage Rates Continue Edging Toward 7%

The 30-year-fixed-rate mortgage averaged 6.88% this week, marking a second week of increases and continued edging toward 7%, according to the latest Primary Mortgage Market Survey® (PM.....»»

Category: realestateSource: rismediaApr 12th, 2024

Mortgage rates at 2-month lows entice borrowers

Demand for mortgage applications jumped 8.6% in the past week as costs continue to come down, according to the latest survey from the Mortgage Bankers Association......»»

Category: topSource: foxnewsApr 21st, 2021

Home buying and selling in a virtual world

Low mortgage rates and a shrinking inventory of local properties will continue to keep the residential real estate market competitive in 2021......»»

Category: topSource: bizjournalsApr 7th, 2021

Mortgage rates continue their climb with seventh consecutive increase

The 30-year fixed-rate average, which inched up to 3.18 percent this week, is more than a half-percentage point higher than it was at the start of the year......»»

Category: topSource: washpostApr 1st, 2021

Spring Selling Market: Rising Mortgage Rates No Cause for Concern

The sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage application.....»»

Category: realestateSource: rismediaMar 16th, 2021

Mortgage Rates Continue To Remain Near Historic Lows: What Does This Mean for You?

If you are looking for a time to purch.....»»

Category: blogSource: valuewalkJan 28th, 2021

US mortgage rates tumble to 15th record low of the year as housing market rallies

Homebuilder sentiments remain optimistic and "purchase demand shows no real signs of waning," Freddie Mac's chief economist s.....»»

Category: personnelSource: nytDec 17th, 2020