Builders Confidence (10-16-24)
With inflation gradually easing and builders anticipating mortgage rates will moderate in coming months, builder sentiment moved higher for a
With inflation gradually easing and builders anticipating mortgage rates will moderate in coming months, builder sentiment moved higher for a
With mortgage rates declining by more than one-half of a percentage point from early August through mid-September, per Freddie Mac,
A lack of affordability and buyer hesitation stemming from elevated interest rates and high home prices contributed to a decline
Mortgage rates that averaged 6.92% in June per Freddie Mac, along with elevated rates for construction and development loans, continue
Mortgage rates that continue to hover in the 7% range along with elevated construction financing costs continue to put a
Higher Mortgage Rates Hammer Builder Confidence in May – With mortgage rates averaging above 7% for the past four weeks
Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest
A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage
Expectations that mortgage rates will continue to moderate in the coming months, the prospect of future rate cuts by the
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