Archive | September 24th, 2015

US new-home sales surge 5.7 percent in August to 7-year high – U.S. News & World Report

September 24, 2015

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U.S. News & World Report
US newhome sales surge 5.7 percent in August to 7-year high
U.S. News & World Report
“Housing has been an economic bright spot this year and activity in the new home construction market remains solid,” said Michelle Girard, an economist at RBS Securities. Surveys show that homebuilders’ outlook is the most optimistic in a decade, a
Helped by job gains, US newhome sales rise 5.7% in August Arkansas Online

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Average US rate on 30-year mortgages falls to 3.86 percent – U.S. News & World Report

September 24, 2015

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U.S. News & World Report
Average US rate on 30-year mortgages falls to 3.86 percent
U.S. News & World Report
A rate hike by the Fed could bring higher rates for home loans. The Fed has kept the federal funds rate near zero since the financial crisis struck seven years ago. To calculate average mortgage rates, Freddie Mac surveys lenders across the country at
Mortgage applications surge 13.9% on rate dips CNBC
Homebuyers Wait No More: Flood of Mortgage Applications Follows Continued Low NerdWallet (blog)
U.S. Mortgage Applications Jump in Latest Week Fox Business
Modern Readers  – Washington Post (blog)
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Housing and Builders – Builder Magazine

September 24, 2015

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Builder Magazine
Housing and Builders
Builder Magazine
Let’s get back to the agenda, which is what builders can or should do about the fact that amidst the current home building recovery, there’s simultaneously a housing downturn (albeit in some markets, submarkets, population segments, economic brackets

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