Tag: NAHB
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Rising Lumber Prices, Falling Homebuilder Sentiment in June
The National Association of Home Builders (NAHB)’s newly released NAHB/Wells Fargo Housing Market Index (HMI) for June 2018 shows a 2-point drop to 68 in homebuilder sentiment due to rising lumber prices—one of the factors affecting affordability of single-family housing construction.
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Catching the Next Wave of Mortgage Borrowers
Sometimes, a transition calls for a radical change, though some people try to avoid such shifts because they can be jarring. The sudden loss of refinance business has been that way for many lenders, and it will get worse in the future. How lenders respond to this transition into a purchase money market will set…