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What Happens When Mortgage Rates Break 7%?

NAR Chief Economist Lawrence Yun paints a picture of what could happen with borrowing costs once it passes a critical threshold. October 21, 2022 Mortgage Financing By: Melissa Dittmann Tracey *Shared with permission from REALTOR Magazine © Phiwath Jittamas –...

The new home sales recession continues

From Housing Wire Higher rates have created 10.9 months of supply August 23, 2022, 4:59 pm By Logan Mohtashami Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle...

House Passes Flawed Inflation Reduction Act

The House today approved the Inflation Reduction Act of 2022, legislation that NAHB opposes because it fails to ease inflationary pressures on housing and contains troublesome new building and energy code requirements that could raise the cost of housing for home...
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