National Association of Home Builders Economic Research Blog

Day: July 6, 2022

Higher Rates Reduce Mortgage Demand

Per the Mortgage Bankers Association’s (MBA) survey through the week ending July 1, total mortgage activity decreased, with the 30-year fixed-rate mortgage (FRM) rate reaching 5.8% on average. The latest

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Construction Job Openings Leveling Off

The construction labor market remains tight, but the total number of open construction sector jobs has likely reached a cyclical peak as economic activity slows in response to tighter financial

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