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What’s Ahead For Mortgage Rates This Week – April 25, 2016

Last week’s economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released according to their weekly schedule.

Posted in: Mortgage Rates Tagged: Freddie Mac, Housing Market Index, Mortgage Rates, National Association of REALTORS

Home Builders Remain Confident in January

Home builders maintained December’s confidence level according to the National Association of Home Builders (NAHB) Housing Market Index for January. The latest reading of 60 mirrored December’s reading, but was two points lower than expected. Readings of more than 50 indicate that more builders were confident about housing conditions than those who were not.

Posted in: Market Outlook Tagged: Housing Market Index, National Association of Home Builders, National Unemployment Rate

What’s Ahead For Mortgage Rates This Week – November 16, 2015

Last week’s scheduled economic news was sparse due to no scheduled releases on Monday and the Veterans Day Holiday on Wednesday. A report on job openings was released on Thursday along with regularly scheduled weekly reports on jobless claims and Freddie Mac’s report on mortgage rates.

Posted in: Market Outlook Tagged: Federal Open Market Committee, Freddie Mac, Housing Market Index, Market Outlook, National Association of Home Builders

NAHB: Home Builder Confidence Holds Steady

Home builder confidence remained steady at the highest reading in almost ten years according to the National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for July.

Posted in: Market Outlook Tagged: Housing Market Index, NAHB, National Association of Home Builders

What’s Ahead For Mortgage Rates This Week – April 20, 2015

Last week’s economic reports included the NAHB Wells Fargo Housing Market Index, Housing Starts, and Freddie Mac’s weekly survey of mortgage rates. Other news included the weekly jobless claims report and consumer sentiment for April.

Posted in: Market Outlook Tagged: Freddie Mac, Housing Market Index, Market Outlook

Home Builder Confidence Rises in April

The National Association of Home Builders (NAHB) reported that April’s Housing Market Index rose from a reading of 52 in March to 56 for April. This is in line with warmer weather and the peak home buying season in spring and summer. Readings over 50 indicate that more builders view market conditions as positive as those who do not. NAHB members cited lower mortgage rates and better labor market conditions as reasons they expect more home buyers to enter the market.

Posted in: Market Outlook Tagged: Federal Reserve, Housing Market Index, NAHB

What’s Ahead For Mortgage Rates This Week – November 24, 2014

Last week’s scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims.

Posted in: Market Outlook Tagged: FOMC, Freddie Mac, Housing Market Index, Market Outlook, NAHB

Home Builder Confidence Highest Level In Nearly 8 Years

The National Association of Home Builders (NAHB) reported Thursday that its Housing Market Index rose three points to a reading of 59 for August.

Posted in: Housing Analysis Tagged: Housing Analysis, Housing Market Index, NAHB Home Builders Index

Homebuilder Confidence Nearly Triples In 2 Years

The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month.

Posted in: Housing Analysis, Parkland, Parkland FL, Parkland Florida, Parkland Homes, Parkland Real Estate Tagged: HMI, Housing Market Index, NAHB

Homebuilder Confidence Spikes To 6-Year High

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) Tuesday, which showed sharp, 5-point increase to 46 for November 2012,

Posted in: Housing Analysis Tagged: HMI, Housing Market Index, NAHB

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

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