Reality Check For Refi Demand
NOTE: the rates discussed in this article are from MBA's weekly survey and pertain to last week. This week's rates have already moved significantly higher according to our daily data. Mortgage application activity fell sharply last week as rising rates weighed on demand. The Mortgage Bankers A
Builder Confidence Inches Higher Amid Affordability Concerns
Builder confidence ticked slightly higher in March according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), though sentiment remains subdued as affordability concerns continue to weigh on the single-family market. The headline index rose one point to 38 ,
The housing blind spot: Why the Senate’s housing bill is a start, not a solution
The passage of the 21st Century ROAD to Housing Act felt like a rare event in Washington: genuine, overwhelming bipartisanship. In a political climate defined by caustic friction, an 89-10 vote in the Senate isn’t a legislative victory; it is a confession. It is an admission by both parties that hou
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