Mon, Apr 16 2018, 11:01 AM
Builder confidence in the market for newly built single-family homes slipped again in April, edging down 1 point to 69. The National Association of Ho...
Thu, Mar 15 2018, 10:32 AM
Home builder confidence ebbed slightly in March, but according to the National Association of Home Builders, it remains in "strong territory." NAHB's ...
Wed, Feb 21 2018, 11:16 AM
Sales of existing homes fell again in January, the second consecutive month-over-month decline. Sales of pre-owned single-family homes, townhomes, con...
Thu, Feb 15 2018, 10:37 AM
New home builders are looking ahead, and the National Association of Home Builders (NAHB) says this optimism was reflected in its Housing Market Index...
Wed, Jan 17 2018, 10:41 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which hit an 18-year high in December, backed off a bit this ...
Mon, Dec 18 2017, 10:39 AM
Builder confidence shot up in December, reaching the highest level the National Association of Home Builders (NAHB) has recorded in 18 years . NAHB sa...
Thu, Nov 16 2017, 10:38 AM
Builder confidence increased for the second consecutive month after taking a hit in September from the late summer hurricanes. The National Associatio...
Tue, Oct 17 2017, 10:35 AM
After reacting strongly to Hurricanes Harvey and Irma with a four-point drop in September, the Housing Market Index (HMI) regained its footing in Octo...
Mon, Sep 18 2017, 10:36 AM
Hurricanes Harvey and Irma, which ravaged Texas and Florida respectively, are taking at least some of the blame for diminishing builder confidence in ...
Tue, Aug 15 2017, 10:31 AM
Builder confidence made a strong comeback this month , surprising analysts and belying some of the gloom expressed by the National Association of Home...
Mon, Aug 14 2017, 10:45 AM
About a month ago, the National Association of Home Builders (NAHB) seized on the May Job Openings and Labor Turnover survey (JOLTs) report as an indi...
Tue, Jul 18 2017, 10:38 AM
Home builder confidence continues backing down from its post-crisis peak earlier this year, although the National Association of Realtors (NAHB) calls...
Thu, Jun 15 2017, 10:30 AM
Builder confidence in the new home market appeared to take a tumble in June, per the latest survey conducted by the National Association of Home Build...
Mon, May 15 2017, 10:33 AM
Builder confidence just hit its highest level since December , reaching the second highest level since well before the housing crisis began. The Natio...
Mon, Apr 17 2017, 10:44 AM
Even though overall builder confidence retreated from March levels, the National Association of Home Builders (NAHB) called the April reading of the N...
Mon, Mar 20 2017, 3:28 PM
Fannie Mae's March economic forecast was written before the FOMC announced an increase in the fed funds rate last Wednesday. The company's economists ...
Wed, Mar 15 2017, 10:31 AM
The National Association of Home Builders (NAHB) said its new home builder members displayed a surge of confidence this month. The NAHB/Wells Fargo Ho...
Wed, Feb 15 2017, 10:36 AM
Builder confidence in the market for single family homes slid 2 points again in February to a score of 65 on the National Association of Home Builders...
Fri, Jan 20 2017, 2:59 PM
How will the economic philosophy that was altered by the last election actually evolve into policy? The is the question raised by Fannie Mae's Economi...
Wed, Jan 18 2017, 10:39 AM
The Housing Market Index (HMI) backed down a bit from its post-election surge in January, dropping 2 points to a composite reading of 67. The National...
Thu, Dec 15 2016, 11:56 AM
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) soared by 7 points in December, reaching a level of 70, the highest r...
Wed, Nov 16 2016, 3:11 PM
Builder confidence in the market for newly-built single-family homes was unchanged in November, based on data gathered before the election. The Nation...
Tue, Oct 18 2016, 10:48 AM
The Housing Market Index (HMI), a measure of home builder confidence in the new home market, gave back a bit of its September surge this month. The Na...
Mon, Sep 19 2016, 10:50 AM
After half a year of barely budging the Housing Market Index (HMI ) surged by six points in September. The index, jointly sponsored by the National As...
Mon, Sep 19 2016, 10:19 AM
You’ve made it to “Talk like a Pirate” day. Many lenders are saying, “Arrggghh” when it comes to appraisals. Mike Simmons with Axis AMC put some thing...
Wed, Sep 7 2016, 1:36 PM
So what is going on with residential construction? We hear constantly that inventories are too tight , especially at the lower price levels, new home ...
Mon, Aug 15 2016, 10:32 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) improved slightly in August, but remained within the narrow ra...
Mon, Jul 18 2016, 10:45 AM
Rates have crept back up to pre-Brexit levels. Will the rates borrowers locked in during the last week of June be the stuff of cocktail party bragging...
Mon, Jul 18 2016, 10:26 AM
The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it produces in cooperation with Wells Fargo, barely budge...
Thu, Jun 16 2016, 10:31 AM
There was a flicker of life this month in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). After spending fo...
Thu, Jun 16 2016, 10:00 AM
If you’re a loan officer and need some data for a presentation to some real estate agents, here’s a decent source. Using data collected by the U.S. Ce...
Tue, May 17 2016, 8:59 AM
Here’s something the funders can try in the lunch room today: bet a shipper that they can't catch a dropped dollar bill with their fingers.
Last ...
Mon, May 16 2016, 10:38 AM
The index that measures builder confidence in the new home market was unchanged in May for the fourth straight month the National Association of H...
Mon, May 16 2016, 9:22 AM
The European Central Bank has been collecting data on cyber-instances at 18 major banks as part of a pilot program that will be expanded to other le...
Mon, Apr 18 2016, 10:44 AM
For the third consecutive month the Housing Market Index (HMI) was unchanged. After rising to a decade high of 65 in October, the HMI, jointly spo...
Mon, Apr 18 2016, 10:42 AM
“Control the rules, control the outcome.” This old saying will be of particular interest in upcoming political events… or mortgage company lawsuits & ...
Fri, Apr 1 2016, 4:59 PM
Freddie Mac predicted in its monthly Outlook on Thursday that 2016 might be the best year for housing in a decade with most sectors, sales, constr...
Mon, Mar 28 2016, 12:18 PM
Banks and non-bank mortgage companies aren’t enemies, but plenty of non-bank lenders are envious of the ability of banks to offer HELOCs and other p...
Tue, Mar 22 2016, 10:29 AM
Fannie Mae's Economic Summary for March reports an improvement in financial market conditions and reduced concerns about an imminent risk of reces...
Tue, Mar 15 2016, 11:52 AM
After dropping three points in February to 58, the Housing Market Index, a measure of builder confidence in the single-family home market, remained u...
Mon, Mar 14 2016, 9:43 AM
Americans have regained most of the wealth lost when the real estate bubble burst. Homeowners' equity has more or less doubled since the lows of 20...
Wed, Feb 17 2016, 11:02 AM
To put some perspective on things, a trillion seconds is roughly 31,710 years. The Fed indicates that household housing debt is about $8.8 trillion ...
Tue, Feb 16 2016, 10:54 AM
Confidence among new home builders cooled considerably this month. The National Association of Home Builders (NAHB) said its Housing Market Index (HM...
Tue, Feb 16 2016, 10:52 AM
The mortgage industry has certainly taken its lumps in the last eight years. Things are turning around, and Jason Frazier from California's Mason McDu...
Tue, Jan 19 2016, 12:16 PM
Tom
Finnegan contacted me yesterday saying, "Rob, yesterday you published a
list of reasons why loans are not currently being purchased. One of th...
Tue, Jan 19 2016, 10:59 AM
Builder confidence in the new home market, while on the surface unchanged
from December, has now dropped 5 points since establishing a decade-long ...
Tue, Dec 15 2015, 10:26 AM
The National Association of Home Builders (NAHB) said on
Tuesday that its NAHB/Wells Fargo Housing Market Index (HMI) dropped one point
in December ...
Tue, Dec 15 2015, 10:04 AM
What
is this? Fear of a bubble in commercial real estate? Apparently the Fed
is increasingly concerned about asset pricing and lending practices i...
Wed, Nov 18 2015, 10:58 AM
Where
the heck did 40 years go? Call any person who underwrites loans or
draws docs and ask if they'd like to do that for 40 straight years. The
...
Tue, Nov 17 2015, 10:52 AM
Well that didn't last long.
After jumping to the highest level in a decade in October the Housing
Market Index (HMI) a measure of builder confidenc...
