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Housing Bubble Watch: New Home Construction Reports

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Housing Bubble Watch: New Home Construction Reports

Two monthly housing market indicators have been released so far this week, both relating broadly to home construction and showing a continued slowing of the housing sector and a related loss of builder confidence.
...

Published Tue, Sep 09 2006 7:00 AM by Glenn Setzer

Filed under: housing bubble, housing starts, building permits, housing market indicators, housing completions, homebuilders

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Mortgage Rates:

30 Yr FRM 3.90%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-32 (-0-01)
|
30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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