Tag Archives: NAHB/Wells Fargo Housing Market Index

A Record Year For Mortgages?

The Mortgage Corner First quarter mortgage numbers are in, and we could be having a very good year for mortgage originations, says Equifax, among others. According to Equifax’s report, the total dollar amount of first-mortgage originations during the first quarter … Continue reading

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High Builder Confidence Signals More Affordable Housing In 2016

The Mortgage Corner Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index. Any number above … Continue reading

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Are We Running Out of Homes?

The Mortgage Corner This isn’t a repeat of the housing bubble, as some pundits would have us believe. In fact, it’s the opposite. Too few homes are being built, and existing inventories of homes for sale have fallen to 2 … Continue reading

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Pending Sales, Housing Construction Are Healthy

The Mortgage Corner Most of the Federal Reserve Governors have announced they don’t support raising interest rates until sometime next, year, and only if worldwide economic growth picks up. Why? The US Dollar is so strong that it’s hurting exports, … Continue reading

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Housing Starts, Builder Optimism at Recovery Highs

The Mortgage Corner Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,174,000. This is 9.8 percent above the revised May estimate of 1,069,000 and is 26.6 percent above the June 2014 rate of 927,000. This … Continue reading

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Housing Construction Soars

The Mortgage Corner Housing construction is taking off, as I predicted two weeks ago. The numbers show actual construction starts accelerating as well as building permits for future construction. It is also boosting builder confidence to a level that signals … Continue reading

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Housing Construction Surge—Sign of Better Times?

The Mortgage Corner U.S. housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter. And that is … Continue reading

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