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Builders Feel the Pressure of Higher Mortgage Rates
Builder Magazine· 2 days agoFalling six points from ...market for newly built single-family homes was 45 in May. “The market has slowed down since mortgage rates increased, and this...
U.S. Homebuilder Sentiment Tumbles as Rates Slow Buyer Traffic
US News & World Report· 2 days agoThe National Association of Home Builders/Wells Fargo Housing Market Index fell unexpectedly to 45 in May, the lowest since...expectations for the next ...
NAHB: Builder Confidence Declined in May
Calculated Risk· 2 days agoAny number below 50 indicates that more builders view sales conditions as poor than good. With mortgage rates averaging above 7% for the past four weeks per data from Freddie ...
U.S. homebuilder sentiment tumbles as rates slow buyer traffic
Reuters· 2 days agoThe National Association of Home Builders/Wells Fargo Housing Market Index fell unexpectedly to 45...
US Homebuilder Confidence Declines for First Time in Six Months
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- US homebuilder sentiment declined in May for the first time in six months as mortgage...
Builder sentiment posts its first decline since November - HousingWire
HousingWire· 2 days agoThe HMI is a monthly survey that gauges NAHB members’ perceptions of newly built single-family home...
Reuters, Author at Banker & Tradesman - Page 2 of 19
Banker & Tradesman· 5 days agoFannie Mae, the largest U.S. home funding source, said on Wednesday it sold $1.5 billion of benchmark bills at higher interest rates compared with last...
US Economy News Today: Retail Sales Were Flat In April As Consumers Slowed Spending
Investopedia· 2 days ago“It might just take a higher rate environment, at least for the near term, to achieve it,” Kashkari told the Williston Basin Petroleum Conference today. “We probably need ...
Q1 2024 Smith Douglas Homes Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 3 days agoOur closings and order results came in over the high end of our prior guidance...including healthy job creation, in-migration, and new household formation. The lock-in effect from higher < ...
U.S. Housing Starts Rebound In April But Building Permits Extend Slump
RTT News· 1 day agoThe Commerce Department said housing starts surged by 5.7 percent to an annual rate of 1.360 million in April after plunging by 16.8 percent to a revised rate< ...
