Homebuilder sentiment cools from almost 12-year high

Mortgage rates jump to a six-week high I hate to be the bearer of bad news, but as you might expect, mortgage rates are expected to move higher over the next few years. This isn’t a surprise, given their current historically low levels. But because a 30-year mortgage rate in the high 3% range has become the new normal, some might get sticker shock.

A monthly index of builder sentiment jumped six points to the highest level in 12 years. The National Association of Home Builders/Wells Fargo Housing Market index hit 71 in March, a sizable jump.

Servicer satisfaction stalls as brand perception fails to deliver

Homebuilder sentiment cools from almost 12-year high Large banks hemorrhaged money on mortgage originations in 2018 Potential for home sales stymied by owners’ inertia: First American

As temperatures across the country and homebuilder stocks move higher, homebuilder sentiment saw a nationwide dip in June. According to the NAHB, homebuilder sentiment dipped two points falling.