Elevated mortgage rates drive homebuilder confidence downward

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading

Builder confidence hits lowest level in more than 3 years

Builder confidence amid affordability concerns dropped to its lowest level since the spring of 2015, according to the Wells Fargo Housing Market Index. Continue reading