by sslifer | Mar 17, 2020 | Housing, NumberNomics Notes
March 17, 2020 Homebuilder confidence declined 2 points in March to 72 after falling 1 point in February to 74 after having declined 1 point in January. The December level of 76 was the highest reading since June 1999. NAHB Chairman Dean Mon said that, “Steady job...
by sslifer | Feb 12, 2020 | Housing, NumberNomics Notes
February 12, 2020 .Home ownership rose 0.3% in the fourth quarter of last year to 65.1% after having climbed 0.7% in the third quarter. It hit a low of 62.9% in the second quarter of 2016 but has risen considerably in the past 2-1/2 years. The upswing in home...
by sslifer | Jan 20, 2020 | Housing, NumberNomics Notes
January 20, 2020 Real estate loans rose at a 3.9% pace in December after having risen 5.5% in November (the light blue bars). Over the course of the past year mortgage lending has risen 4.0% (the dark blue line). Total loan growth in the past year has been slightly...
by sslifer | Nov 26, 2019 | Housing, Interest Rates, NumberNomics Notes
November 26, 2019 Right after the election in November 2016 mortgage rates jumped quickly from 3.5% to 4.2% as market participants believed that President Trump’s proposed individual and corporate income tax cuts. repatriation of corporate earnings currently...
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