The National Association of Home Builders Housing Market Index shows steady builder confidence in housing market conditions. September's index reading of 68 was one point higher than August's reading. Any reading over 50 indicates that most home … [Continue reading]
New Home Prices Going Down Making Them More Affordable
Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more modestly priced. The demand for smaller, less expensive homes is growing, while the overall demand … [Continue reading]
What’s Ahead For Mortgage Rates This Week – September 16th, 2019
Last week’s economic news included readings on inflation, core inflation and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released. Lower Gas Prices Dampen August Inflation Rate Consumer prices … [Continue reading]
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