Home Builder Confidence Hits Five-Month High » Mortgage Masters Group

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The 8 Fastest Growing Housing Markets Mortgage Masters Group  · The slowest-growing job markets among the top 100 metro areas include three cities in Connecticut (Bridgeport, New Haven and Hartford); Gary, Indiana, and Buffalo, New York. The quarterly Arch MI Risk Index, a statistical model based on nine indicators of the health of local housing markets, suggests the probability of home prices being lower in two years is 11%, an increase from 9% last.

The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next 6 months as well as the traffic of prospective buyers of new homes. It gauges.

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WASHINGTON, May 4 (Reuters) – Pending sales of previously owned U.S. homes hit a five-month high in March as buyers rushed to. but summer will be quite slow,” said Paul Anastos, president of.

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U.S. home-builder confidence hits Near-Decade High National Association of Home Builders’ index at highest level since November 2005

Builder confidence in the market for newly-built single-family homes took a four-point ascent to a level of 68 in October on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This was the highest HMI reading since May. All three HMI components posted gains.

Why did mortgage rates go higher if the federal reserve just cut rates today? Builder confidence in the market for new single-family homes rose four points to 68 in October on the nahb/wells fargo housing market Index (HMI). This was the highest reading since May. "This month’s report shows that home builders are rebounding from the initial shock of the hurricanes," said NAHB Chairman Granger MacDonald.

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Rising home prices and mortgage rates can’t keep homebuyers down. According to a new survey, confidence in the U.S. housing market is at record highs-particularly across the South and West.

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