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Tag Archives: eye on housing

Mortgage Application Activity Declines in May Amid Rising Rates

Mortgage application activity declined in May as higher mortgage rate continued to impact the market, according to the National Association of Home Builders (NAHB). At the same time, adjustable-rate mortgages (ARM) gained traction.  The Mortgage Bankers Association’s (MBA) Market Composite …

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Construction Job Openings Up Slightly in April

construction jobs april

The number of open positions in the construction sector increased in April according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down significantly from three years ago due …

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Building Material Prices Reach 3-Year High in April

residential construction prices april

Prices rose across goods and services used in residential construction in April due to rising energy and transportation service prices, according to NAHB’s Eye on Housing. Building material prices, excluding energy, rose at their highest yearly rate in three years, …

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Real GDP Growth Rebounds to 2% in Q1 2026

GDP increase Q1 2026

Real GDP growth accelerated in the first quarter of 2026, rebounding from a weak end of 2025, as government spending recovered following a disruptive shutdown, according to the National Association of Home Builders (NAHB). First-quarter growth was also supported by …

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Fed Continues to Hold Rates Steady

Fed holds rates

The Federal Reserve continued its pause on rate reductions, holding the short-term federal funds rate from 3.5% to 3.75%, the level set in December 2025. The Fed stated “uncertainty about the economic outlook remains elevated” and “the implications of developments …

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Mortgage Activity Up in January as Rates Hit New Low

regulatory housing costs

Mortgage application activity rose significantly in January, primarily due to increased refinancing activity as mortgage rates dropped to a new low, according to an analysis from NAHB’s Eye on Housing. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure …

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