Remodel financing gap signals opportunity for lenders
The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
Homebuilders
New home mortgage applications up as starts end 2025 strong
The increase in borrower activity came as housing starts ended 2025 on a high note, while mortgage rates were a percentage point lower year-over-year.
Builders push ‘Trump Homes’ in pitch for a million houses
Many details have yet to be determined, including the role that federally-backed mortgages should play.
Trump calls on Fannie Mae, Freddie Mac to boost homebuilders
President Trump said big homebuilders are sitting on a record 2 million empty lots, and asked Fannie Mae and Freddie Mac to help restore the American Dream.
Trump to set new tariffs before midnight, White House says
President Donald Trump will sign an executive order on Thursday imposing new tariff rates on trading partners that take effect Friday, the White House said.
Mortgage applications for new homes soar to record high
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
Trump says he may hit Canada with dairy, lumber tariffs soon
American lumber producers have alleged that the Canadian lumber system amounts to a subsidy — a charge Canadians deny — and the countries have fought over tariffs on those products for decades.
Tariffs would impact housing, but experts split on severity
Some mortgage stakeholders say Trump's tariffs would make interest rates rise and housing costs shoot up.
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
The manufactured home loan lender, a unit of Berkshire Hathaway subsidiary Clayton Homes, was accused of ignoring red flags that sent many borrowers into bankruptcy, default and ultimately out of their homes.
Homebuilders see a changing customer profile emerge
While the lock-in effect on existing supply has helped drive consumer interest in new construction, first-time buyers have been taking a greater share of that inventory.
Mortgage applications for new homes keep rising
Lending activity among builders surged over 22% annually in December, but the growing share of FHA-backed borrowing in the segment took a step back for the first time in four months, the Mortgage Bankers Association said.
All-cash home purchases are on an upward trend
The transactions grew between second and third quarter, with the new-home market seeing one of its largest surges in cash-buying in 13 years.
Multifamily starts fall to under half of the previous two-year average
Decreased availability of bank capital for new commercial construction helped slow activity from the previous nine quarters, according to a new report.
Mortgage jobs inch up, broader employment and rate outlook mixed
The May uptick in nonbank housing-finance payrolls came almost entirely from lender hiring as loan broker numbers plateaued and construction demand persisted.
Home building cooled over 20% in large metros in Q1
Construction activity in smaller cities also saw a significant annual decline, according to the National Association of Home Builders.
New-home lending increases for third straight month
The Mortgage Bankers Association sees the likelihood of a rise in sales activity later this year based on recent construction trends, in a turnaround from the 2022 market.
Home price growth slows but demand remains strong
Fannie Mae researchers found housing costs decelerating for the fourth straight quarter, but limited inventory may be driving hopeful buyers to look for opportunities in the new-construction market.
Mortgage disclosure proposal aims to boost home construction
The CFPB is requesting input on adding specifications that are intended to alleviate TRID compliance concerns on construction-to-permanent single-close loans and those requiring separate construction and home loan closings.
PrimeLending launches new mortgage business with Texas homebuilder
Kindred Home Loans will serve buyers of properties in Dallas and San Antonio markets.
Higher rates send mortgages for new homes plunging in October
The decline in loan activity and softening prices also helped drive down builder sentiment for the 11th month in a row.
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