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Homebuilders are feeling more confident in the US housing market amid lower mortgage. US homebuilder sentiment hits six-month high as mortgage rates decline. The group's index remains below levels seen a year ago.
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Homebuilder sentiment hits 18-year high, beating forecasts Published. December 18 2017, 10:50am EST; More in. according to data Monday from the National Association of Home Builders/Wells Fargo.. Customers expect a streamlined experience when they apply for a mortgage or home equity loan.
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Builder sentiment for current market conditions gained five points for a reading of 75. The index reading for builder perception of market conditions in the next six months also rose five points to an October reading of 78. builder sentiment for home buyer traffic in new home developments rose one point to 48.
NAHB: Home Builder Confidence Highest in 12 Years CBC National Bank Home Building Tips 0 Comment According to the National Association of Home Builders Housing Market Index for March, builder confidence in market conditions reached its highest level in 12 years and was six points higher than February’s index reading of 65.