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What’s Ahead For Mortgage Rates This Week – November 16, 2015

Last week’s scheduled economic news was sparse due to no scheduled releases on Monday and the Veterans Day Holiday on Wednesday. A report on job openings was released on Thursday along with regularly scheduled weekly reports on jobless claims and Freddie Mac’s report on mortgage rates.

Posted in: Blog Tagged: Federal Open Market Committee, Freddie Mac, Housing Market Index, Market Outlook, National Association of Home Builders

NAHB: Home Builder Confidence Holds Steady

Home builder confidence remained steady at the highest reading in almost ten years according to the National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for July.

Posted in: Blog Tagged: Housing Market Index, NAHB, National Association of Home Builders

What’s Ahead For Mortgage Rates This Week – April 20, 2015

Last week’s economic reports included the NAHB Wells Fargo Housing Market Index, Housing Starts, and Freddie Mac’s weekly survey of mortgage rates. Other news included the weekly jobless claims report and consumer sentiment for April.

Posted in: Blog Tagged: Freddie Mac, Housing Market Index, Market Outlook

Home Builder Confidence Rises in April

The National Association of Home Builders (NAHB) reported that April’s Housing Market Index rose from a reading of 52 in March to 56 for April. This is in line with warmer weather and the peak home buying season in spring and summer. Readings over 50 indicate that more builders view market conditions as positive as those who do not. NAHB members cited lower mortgage rates and better labor market conditions as reasons they expect more home buyers to enter the market.

Posted in: Blog Tagged: Federal Reserve, Housing Market Index, NAHB

What’s Ahead For Mortgage Rates This Week – November 24, 2014

Last week’s scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims.

Posted in: Blog Tagged: FOMC, Freddie Mac, Housing Market Index, Market Outlook, NAHB

Homebuilder Confidence Nearly Triples In 2 Years

The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month.

Posted in: Blog Tagged: HMI, Housing Market Index, NAHB

Homebuilder Confidence Rises For 9th Straight Month

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain — its ninth in a row.

Posted in: Blog Tagged: HMI, Housing Market Index, NAHB

Homebuilder Confidence Spikes To 6-Year High

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) Tuesday, which showed sharp, 5-point increase to 46 for November 2012,

Posted in: Blog Tagged: HMI, Housing Market Index, NAHB

Home Builder Confidence Moves To 6-Year High

Tuesday, the National Association of Homebuilders reported its monthly Housing Market Index (HMI) at 41, a one-tick improvement from September and the highest HMI value since June 2006 — a span of 77 months.

Posted in: Blog Tagged: HMI, Housing Market Index, NAHB

Housing Starts Move To 2-Year High

Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.

Posted in: Blog Tagged: Building Permits, Housing Market Index, Housing Starts

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(217) 532-2525 Hillsboro Office
(217) 324-4663 Litchfield Office

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Hillsboro Office

551 S. Main St.
Hillsboro, IL 62049

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902 W Union Ave.
Litchfield, IL 62056

Hillsboro Company License #478.025162
Litchfield Company License #477.012410

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