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America’s homebuilders haven’t felt this good since the last millennium. On Monday, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) – more commonly known as homebuilder sentiment – hit an 18-year high of 74, topping expectations for a reading of 70 and well above last month’s reading of 69.
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Homebuilder Sentiment in US Cools in January From 18-Year. – The first builder-sentiment reading for 2018, albeit a decline from a 18-year high, is consistent with other reports that indicate residential construction will build on recent growth, as a solid job market, relatively low mortgage costs and rising confidence help propel housing demand.
Fannie Mae taps eOriginal for new electronic vault Mortgage application volume drops after rate hike Average mortgage rates come down to earth Terry L. Smith About Fundsmith. Fundsmith is focused on delivering superior investment performance at a reasonable cost. It was established to be different from its peers so as to achieve a different result in line with Sir John Templeton’s axiom that “If you want to have a better performance than the crowd, you must do things differently from the crowd.”Along with reporting statistics for mortgage application volume, the Mortgage Bankers Association (MBA) also tracks information on average contract interest and effective rates. According to a january 30 article from Mortgage News Daily, these rates increased for all fixed-rate products.Lower affordability affects amount Americans have for expenses: Zillow
Homebuilder confidence falls from 18-year high, but it's. – Homebuilder confidence falls from 18-year high, but it’s still strong. Builder sentiment fell 2 points to 72 in January, according to a monthly survey from the National Association of Home Builders called the housing market index. The downward move comes after the measurement hit an 18-year high in December, following the passage of the Republican tax cut plan.
On Monday, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) – more commonly known as homebuilder sentiment – hit an 18-year high of 74, topping expectations for.
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A recent article indicated "Homebuilder sentiment cools in January from 18-year high". Sounds a little ominous. Like, maybe the jig is up, things are taking a turn for the worse. That couldn’t be further from the truth. Yes, homebuilder sentiment is down from its highest level in 18 years, but by a mere 2 points.
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Homebuilder Sentiment in U.S. Cools From Almost 12-Year High . April 20, 2017 – Michelle Jamrisko – Bloomberg. Confidence among U.S. home builders cooled in April after jumping a month earlier to the highest level since mid-2005, according to data Monday from the National Association of Home.