Tag: housing market

Lower Mortgage Rates Bolster Market Activity

Filed in Economics, Housing Finance by on April 3, 2019 0 Comments
Lower Mortgage Rates Bolster Market Activity

Mortgage rates dropped for the third straight month in February, with the 30-year fixed-rate mortgage (FRM) commitment rate decreasing to 4.37% from 4.46% in January. As a result, lending interest has increased, as more borrowers are likely to be eligible.

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One-Stop Shopping for Local Housing Stats

Filed in Economics, Homeownership, Multifamily by on March 3, 2016 0 Comments
One-Stop Shopping for Local Housing Stats

Do you want to know how your local housing market is doing and how it stacks up to other areas? As NAHB economist Na Zhao reports in a recent Eye on Housing blog post, NAHB has updated an online tool that provides economic and housing statistics for all local associations. The tool allows HBAs across the nation […]

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HUD-1 Form Will Disappear on Oct. 3

Filed in Homeownership, Housing Finance by on September 18, 2015 2 Comments
HUD-1 Form Will Disappear on Oct. 3

The Consumer Financial Protection Bureau will institute new mortgage lending rules on Oct. 3. Learn more about the new rules and download NAHB resources to help you comply.

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New Lending Rules Delayed Until Oct. 1; NAHB Webinar Will Help You Comply

Filed in Homeownership, Housing Finance by on June 18, 2015 2 Comments
New Lending Rules Delayed Until Oct. 1; NAHB Webinar Will Help You Comply

In a victory for consumers, builders, lenders and other industry stakeholders, the Consumer Financial Protection Bureau (CFPB) has announced that new mortgage lending rules scheduled to take effect on Aug. 1 will be delayed until Oct. 1.

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Setting the Record Straight on Housing Finance Issues

Filed in Homeownership, Housing Finance by on April 28, 2015 0 Comments
Setting the Record Straight on Housing Finance Issues

When the Wall Street Journal recently blasted Federal Housing Finance Agency Director Mel Watt for failing to raise guaranty fees (g-fees) and charged that the “housing lobby – the Realtors, and home builders and ‘affordable’ housing advocates” – were advocating policies that favor housing and put taxpayers at risk, NAHB Chairman Tom Woods responded forcefully to set the record straight.

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New Home Sales Drop 11.4% in March

Filed in Economics, Home Building by on April 23, 2015 0 Comments
New Home Sales Drop 11.4% in March

Sales of newly built, single-family homes fell 11.4% in March to a seasonally adjusted annual rate of 481,000 units from an upwardly revised February reading, according to newly released data from HUD and the U.S. Census Bureau.

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Housing Recovery Slow and Steady in 2015, Will Pick Up Pace Next Year

Filed in Economics by on April 23, 2015 0 Comments
Housing Recovery Slow and Steady in 2015, Will Pick Up Pace Next Year

Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 and into next year, according to economists who participated in yesterday’s NAHB 2015 Spring Construction Forecast Webinar.

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Goodbye HUD-1 Form. New Home Closing Rules Take Effect Aug. 1

Filed in Homeownership, Housing Finance by on April 22, 2015 14 Comments
Goodbye HUD-1 Form. New Home Closing Rules Take Effect Aug. 1

The Consumer Financial Protection Bureau unveils new rules Aug. 1 regarding disclosures under the Truth in Lending Act and Real Estate Settlement Procedures Act that will affect all home builders, particularly those with a real estate lending arm.

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Top 10 Publicly-Traded Builders Increase Market Share in 2014

Filed in Construction Industry, Economics by on March 27, 2015 7 Comments
Top 10 Publicly-Traded Builders Increase Market Share in 2014

The top 10 publicly-traded builders captured a 26.4% share of new single-family home closings in 2014, up from 25.3% in 2013. According to their respective Securities and Exchange Commission 10-K filings for last year, the group closed on 116,000 new homes of the 439,000 new home sales reported by the Census Bureau.

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Housing Starts Fall 17% in February

Filed in Economics, Home Building by on March 17, 2015 0 Comments
Housing Starts Fall 17% in February

Nationwide housing starts dropped 17% to a seasonally adjusted annual rate of 897,000 units in February, according to newly released data from the U.S. Commerce Department.

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