-
Mortgage rates looked like they were headed higher yesterday morning after the stock market opened the week in good spirits, however a mid-day "tapebomb" helped alleviate pressure and mortgage rates stabilized near the same pricing seen on Friday. No economic data was offered to markets yesterday...
-
Yet another special interest group is lining up to ask for a share of the seemingly bottomless Washington cornucopia according to an article Monday morning in The Wall Street Journal. The National Association of Homebuilders (NAHB) is ramping up a campaign to lobby for a $250 billion stimulus package...
-
A report from Wells Fargo and the National Association of Home Builders (NAHB) reports that confidence amongst homebuilders has plummeted from one all-time low to another in November. The NAHB housing market index tumbled five points to a reading of 9 in November, down from an all-time low of 14 in October...
-
It probably isn't startling news, but as Americans are cutting back on spending for non-essentials such as vacations and electronics, they are also spending a lot less on spiffing up or even maintaining their homes. The National Association of Home Builders ( NAHB ) released its Remodeling Market...
-
A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders remained at record-gloomy levels in August as the housing market index, which measures builder confidence, stayed at a record low of 16. The index, which is made of three components, has a 22-year...
-
A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders were even more pessimistic in July as the housing market index fell two points to 16, creating a new historic low in the 22-year index. Three components make up the index, all of which fell in the...
-
A report from Wells Fargo and the National Association of Home Builders suggests the housing market was little changed from March to April, with their headline index coming in once again at a reading of 20, in line with the consensus. In March and February the index was also at 20. The present housing...
-
The National Association of Home Builders ( NAHB ) has called on Congress to quickly enact a second round of economic stimulus programs directed at the housing industry. Speaking for the Association, which represents more than 235,000 members involved in all aspects of home building and remodeling, Chief...
-
As predicted, special interest groups are chiming in with suggestions as to what the economic stimulus package proposed by the Bush Administration and being debated by Congress should contain. Congress, however, is moving so fast to get something on the President's desk that those doing the suggesting...
-
There is an old Western expression that a person's mood is "lower than a snake's belly." Well lift up that snake and you just might find a home builder under it. The National Association of Home Builders ( NAHB ) released the results of its monthly survey of builder confidence on this week and found...
-
Housing starts in August hit the lowest level on an annualized basis since July 1995. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Wednesday showing that privately owned housing starts in August were at a seasonally adjusted annual rate of...
-
The National Association of Home Builders ( NAHB ) in partnership with Bank of America Home Equity recently completed a study that should be of interest to home owners and home buyers, especially those that are buying or living in homes that have been around for a while. The Study of Life Expectancy...
-
Two executives from the National Association of Home Builders held a teleconference on the "credit crunch" on Tuesday. The one hour conference was hosted by Jerry Howard, CEO of NAHB and David Seiders, Chief Economist. The teleconferencing format is difficult to cover as the presenters tend to outline...
-
Several key players have rung in on the decision by the Office of Federal Housing Enterprise Oversight (OFHEO) to retain limits on the mortgage portfolios owned by Freddie Mac and Fannie Mae. The two government sponsored enterprises (GSEs) had petitioned OFHEO, its regulator, last week asking to be allowed...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, Aug 20 2007
Filed under:
Filed under: national association of realtors, NAR, Freddie Mac, ofheo, Fannie Mae, national association of home builders, Mortgage Bankers Association, MBA, credit crunch, countrywide, NAHB, gse, charles schumer, subprime crisis, rate reset
-
Residential building permits and housing starts continued to fall in July with the latter measure of the nation's economic health dropping more than at any time since January 1997. The monthly report on new residential construction issued by the U.S. Census Bureau and the U.S. Department of Housing and...