Mortgage applications rose 2.8% last week as lower borrowing costs spurred a pickup in refinancing activity, according to the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Feb. 13. On an unadjusted basis, the index rose 5% compared with the previous week. Refinance applications led the gain, climbing 7% from the […]
Mortgage applications increase, fueled by refinance demand Read More »
While homebuilder sentiment remains subdued after a 12-month grind that hasn’t quite let up, Robert Dietz, Chief Economist for the National Association of Home Builders, offered “guarded optimism” in his take on housing economics’ complex set of market drivers. In other words, the worst of the worst may be over, but don’t expect a switch
Wary optimism sparks new-home outlook … but grind may linger Read More »
The outlook for new home construction and purchases appears brighter going into 2026. After contracting last year, housing stats are forecast to rise 3% this year. A few favorable factors are lining up to boost buyer demand. Affordability is improving: wage growth is outpacing inflation, and home prices are moderating. Mortgage rates have trended down
The insurance challenge builders face in the 2026 spring housing market Read More »