Last week’s economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released according to their weekly schedule.
Home Builders Remain Confident in January
January 20, 2016 by
Home builders maintained December’s confidence level according to the National Association of Home Builders (NAHB) Housing Market Index for January. The latest reading of 60 mirrored December’s reading, but was two points lower than expected. Readings of more than 50 indicate that more builders were confident about housing conditions than those who were not.
What’s Ahead For Mortgage Rates This Week – November 16, 2015
November 16, 2015 by
Last week’s scheduled economic news was sparse due to no scheduled releases on Monday and the Veterans Day Holiday on Wednesday. A report on job openings was released on Thursday along with regularly scheduled weekly reports on jobless claims and Freddie Macâs report on mortgage rates.
What’s Ahead For Mortgage Rates This Week – April 20, 2015
April 20, 2015 by
Last week’s economic reports included the NAHB Wells Fargo Housing Market Index, Housing Starts, and Freddie Mac’s weekly survey of mortgage rates. Other news included the weekly jobless claims report and consumer sentiment for April.
Home Builder Confidence Rises in April
April 16, 2015 by
The National Association of Home Builders (NAHB) reported that April’s Housing Market Index rose from a reading of 52 in March to 56 for April. This is in line with warmer weather and the peak home buying season in spring and summer. Readings over 50 indicate that more builders view market conditions as positive as those who do not. NAHB members cited lower mortgage rates and better labor market conditions as reasons they expect more home buyers to enter the market.
What’s Ahead For Mortgage Rates This Week – November 24, 2014
November 24, 2014 by
Last week’s scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims.
Case Shiller Price Index Shows Highest Year-Over-Year Gains Since 2006
January 7, 2014 by
The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains,, the pace of home price appreciation is expected to slow in 2014.
Homebuilder Confidence Nearly Triples In 2 Years
January 17, 2013 by
The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month.
Homebuilder Confidence Rises For 9th Straight Month
December 19, 2012 by
The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain — its ninth in a row.
Homebuilder Confidence Spikes To 6-Year High
November 20, 2012 by
The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) Tuesday, which showed sharp, 5-point increase to 46 for November 2012,
