Tag Archives: National Association of Home Builders (NAHB)

According to a new study, 90% of homebuilders cited high interest rates as a problem last year. This year’s survey examines that sentiment and other significant obstacles builders must overcome.

As mortgage rates dropped toward levels last reported in May 2023, the MBA reported a rise in purchase application activity, led by both Conventional and FHA purchase apps.

Renters nationwide are catching a slight break in their monthly payments, as Redfin data shows asking rents dropped for the third straight month in December.

Despite mortgage rates steadily falling over the last month of 2023, overall mortgage application volume slipped nearly 10% over a two-week span to close out the rollercoaster ride that was the housing market of 2023.

Mortgage rates continue to drop to close out 2023, a positive turn of events for potential buyers after 17 consecutive weeks with rates above the 7% mark.

Home builders reversed a four-month downward trend in December, as a reduction in mortgage rates and strong economic data have spurred housing production nationwide.

The Workforce Housing Tax Credit Act would help to close the homeownership gap by establishing a middle-income housing tax credit, which is estimated to finance approximately 344,000 affordable rental homes.

The House Financial Services Committee recently gathered a panel of housing experts to analyze affordability challenges in the housing marketplace, with a focus on governmental barriers such as zoning policies that have exacerbated these issues.

A recent House Committee on Small Business hearing examined regulations from the Department of Energy and the impacts they are having on both home seekers and home builders.

With the 30-year, fixed-rate mortgage edging closer to eclipsing the 8% mark, the MBA reports overall application volume falling from last week’s total, dipping to the slowest weekly pace reported since 1995.