It’s often the case that people will opt to postpone home ownership until the best rates ...Continue Reading →
Last week’s economic releases included the National Association of Home Builders’ Housing Market Index along with reports on housing starts, building permits and sales of previously owned homes. Weekly reports on new jobless claims and mortgage rates were also released.
NAHB: Builder Sentiment Dips amid High Demand for Homes
Home builder ...Continue Reading →
According to the National Association of Home Builders, overall builder confidence in housing markets dropped two points in October to an index reading of 63. September’s reading of 65 was the highest posted since the housing bubble peak. Component readings for October’s housing market index were mixed; the ...Continue Reading →
Last week’s economic news included reports on job openings, retail sales and weekly readings on average mortgage rates and new jobless claims.
Job openings were lower in August after hitting an all-time high in July according to the federal government. Job openings fell to 5.44 million in August as compared ...Continue Reading →