Topic: National Association of Home Builders

All Content

Saving Money
Buying a home? Avoid these five mistakes.

Houses are more affordable then they've been in decades, and interest rates are low. But a home can turn into a bad buy if you make one of these crucial mistakes.
Stocks rise on Apple dividend

The Dow rose 6 points to close at 13239 on a dividend from Apple, a deal for UPS and the promise of greater demand for U.S. Steel.
Paper Economy
Housing market goes flat; shows signs of progress

The latest Housing Market Index (HMI) shows a flattening of most measures in March with the composite HMI index remaining unchanged at 28. The "buyer traffic" index stayed put at 22.
30-year mortgage rate rises for first time in 2012

30-year mortgage rate climbes to an average 3.98 percent. Last week, the average 30-year mortgage rate stood at a record low 3.88 percent.
Paper Economy
Finally, some good news for the housing market

The latest housing market index shows that all measures increased in January, propelling the composite HMI index to its highest level since 2007
Strong housing report boosts stocks

The Dow and the S&P 500 had their highset closing numbers since July, propelled by a surprisingly strong report on the housing market and the possibility of more money for the International Monetary Fund. The Dow rose 96 points to close at 12578, and the S&P gained 14 points to end the day at 1308.
Fixed mortgage rates hit record low – again

Fixed mortgage rates for a 30-year loan fall to 3.89 percent. But many Americans can't take advantage of the low fixed mortgage rates.
30-year mortgage rate falls to 3.9 percent

30-year mortgage rate matches record set two weeks ago, says mortgage giant Freddie Mac. But low 30-year mortgage rate has not provided much boost to home sales or refinancings so far.
New home sales near all-time low

New home sales in 2011 could be the worst ever, despite a rise in November. Last month saw a 1.6 percent increase in new home sales, far less than what economist had hoped for.
Record low mortgage rates drop even lower

Record low mortgage rates push the average 30-year loan to 3.91 percent. But can these record low mortgage rates last?
Paper Economy
Housing market improves

The National Association of Home Builders composite Housing Market Index (HMI) climbed to 21 in December. The "buyer traffic" index climbed from record lows to 19, the highest level seen since May 2008.
Stocks fall with BoA, banks leading the slide

The Dow lost 200 points to close at 11766. Bank of America plunged 4 percent; other big banks also faltered.
Paper Economy
Housing market improves

All indicators made notable increases in October, but it's important to note that conditions still remain at epically distressed levels.
Stocks rise on hopes for progress in Europe

The Dow rose 180 points to 11577 during another day of wild swings for the stock market
Annual PPI: Wholesale prices rose in September

Annual PPI – a gauge of wholesale prices – rises to 6.9 percent. But without energy and food, core annual PPI up only 2.5 percent.
Stock market ends lower; investors flee risk

Stock market falls on technology slump. Nasdaq leads stock market lower with lowest close in nearly a month.
Citigroup earnings push market higher

Citigroup announced better-than-expected earnings, which helped boost the broader stock market.
Home construction jumps 10.5 percent in August

Home construction rose 10.5 percent in August from a month earlier to a seasonally adjusted annual rate of 598,000, the Commerce Department said Tuesday. That's the highest level since April.
Home construction down; potential new foreclosures could hurt housing industry further

Home construction in June reached its lowest level since October, 2009. That, plus potential new foreclosures, could negatively impact the housing industry across the US.
The New Economy
Is US recovery shaped like a V, U, L, or W? Yes.

The stock market is sending different signals about recovery.
A home made green and lean

Eco-aware rehabber finds that doing right by the earth is cost-effective, too.
The Daily Reckoning
Economic recovery awaits the housing market

The housing market hasn’t yet been corrected: there are still millions of homeowners who paid too much and whose houses are now worth less than what they owed. It’s a matter of time until they default or their debt is restructured.
The Daily Reckoning
Oil drilling CEO Hayward gets no sympathy. Does he deserve some?

Oil drilling produces the fuel that powers our economy. BP CEO Hayward, who's providing that, deserves a sense of fair play.
Home construction plunges in May after government incentives end

US home construction plunges in May after government incentives end, indicating the economic recovery won't be helped by the housing industry.
Green building costs not always included in home appraisal

It isn't always easy to get green building costs appraised correctly when getting a home appraisal for a bank loan.