Despite overall mortgage app volume on the upswing to begin 2022, the rise in rates has dropped conventional refis to their lowest levels since January 2020.
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Decline in Listings Stunts Monthly Home Sales Numbers
New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%.
Read More »Senators Tackle Home Building Supply Chain Issue
U.S. Senators Jerry Moran and Jeanne Shaheen hosted a roundtable to break down the struggle that homebuilders are facing to keep up with continued demand.
Read More »Construction Spending on the Rise
Latest data from the Census Bureau pointed to an increase in spending on construction, signaling more houses being built. Will this trend sustain given the rising lumber tariffs?
Read More »Growing Demand Buoys Builder Confidence
A new report found that builders’ confidence rose on higher demand for homes. Learn more about the factors that influenced this sentiment by clicking through.
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