Homebuilder Confidence

November 17 2020 Homebuilder confidence jumped 5 points in November to 90 after having climbed 2 points in October and 5 points in September.. This series has set record high levels in each of the past three  months..  At its current level of 90 homebuilder confidence...

Homeownership Rates

April 30, 2020 Home ownership rose 0.2% in the first quarter of this year to 65.3%/  It hit a low of 62.9% in the second quarter of 2016 but has risen considerably in the past 3 years. The upswing in home ownership in the past two years  has been most pronounced...

Mortgage Loans

March 6, 2020 Real estate loans rose at a 4.1% annual rate in April.  That apparent strength reflects strength in home sales earlier in the year.  However the Consumer Financial Protection Agency reported that mortgage loan inquiries fell 27% in March so mortgage...

Mortgage Rate

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...