Last week’s economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy.
What’s Ahead For Mortgage Rates This Week – May 19, 2014
Last week’s economic news was relatively flat, but highlights include the NAHB Housing Market Index for May, which posted its lowest reading since May 2013. Although analysts expected a May reading of 48, the May 2014 index reading was 45 as compared to April’s reading of 46.
What’s Ahead For Mortgage Rates This Week – April 21, 2014
Last week’s economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March.
NAHB Housing Market Index Ticks Upward
Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March.
Strong Builder Confidence May Signal Good Time To Buy New Homes
February’s Housing Market Index reading remains near the HMI’s highest level since April 2006, when the HMI reading reached 51.
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