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Mortgage Rates Continue to Plague Homebuilder Confidence
RISMedia Real Estate News· 6 hours agoAs mortgage rates rose back above 7% in April, and remain high despite a recent decrease,...
U.S. homebuilder sentiment tumbles as rates slow buyer traffic
Reuters via AOL· 8 hours agoThe National Association of Home Builders/Wells Fargo Housing Market Index fell unexpectedly to 45...
Builders Feel the Pressure of Higher Mortgage Rates
Builder Magazine· 9 hours agoFalling six points...newly built single-family homes was 45 in May. “The market has slowed down since mortgage rates increased, and this has pushed many...
U.S. Homebuilder Confidence Unexpectedly Slumps In May
RTT News· 7 hours agoWith higher mortgage rates weighing on sentiment, the National Association of Home Builders released a report on Wednesday showing an unexpected deterioration ...
US Homebuilder Confidence Declines for First Time in Six Months
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- US homebuilder sentiment declined in May for the first time in six months as mortgage...
Q1 2024 Smith Douglas Homes Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 13 hours agoWe finished the first quarter with 1,110 homes in backlog, with an average selling price of $343,000, an expected gross margin on those homes of approximately 26.5%. As we sit here today, we ...
NAHB: Builder Confidence Declined in May
Calculated Risk· 8 hours 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 ...
Builder sentiment posts its first decline since November - HousingWire
HousingWire· 7 hours agoThe HMI is a monthly survey that gauges NAHB members’ perceptions of newly built single-family home...
US Economy News Today: Retail Sales Were Flat In April As Consumers Slowed Spending
Investopedia· 3 hours agoMinneapolis Fed President Neel Kashkari reiterated the Federal Reserve is committed to reducing inflation to the 2% target, even if that means holding interest rates at current</ ...
Can You Use Your Mortgage to Buy Solar Panels?
US News & World Report· 5 days agoYou can use a renovation mortgage to buy solar panels when you purchase a home. Other financing options include personal loans, home ...
