Government + Policy | ProBuilder

Single-Family Homes

Reduction In Mortgage Insurance Premiums “Suspended Indefinitely”

A plan to roll back a cut in mortgage insurance premiums was short lived. According to MarketWatch, on Friday, the Federal Housing...

Sales

Average Down Payment Varies Greatly By Market

A 20 percent down payment is no longer the standard. According to Realtor.com, the average down payment on mortgages used to purchase a home...

Government + Policy

Heavy Rainfall Alleviates California’s Drought

A series of storms this week is causing California’s drought to recede. CNBC reports that, according to the U.S. Drought Monitor, 44 percent...

Sales

Fluctuating Mortgage Rates Drop This Week

Rates for 30-year fixed mortgages steadily declined to under 3.5 percent over the first 10 months of 2016, but shot up nearly one percentage...

Single-Family Homes

Monthly Mortgage Payments Swell In Coastal Markets

Since many of the most expensive U.S. housing markets are along the coasts, it makes sense that monthly mortgage payments are rising highest...

Economics

Foreclosure Filings Hit 10-Year Low

Only 933,000 foreclosure filings were made in the U.S. last year, the lowest in 10 years and a 14 percent drop from 2015. MarketWatch...

Codes + Standards

Ohio Governor Moves To Lift Freeze On State’s Clean Energy Standards

Ohio Gov. John Kasich vetoed a house bill that would have extended a freeze on the state's clean energy standards

Economics

What To Expect From Mortgage Rates In 2017

Plans for tax cuts and fiscal stimulus could lead to stronger economic growth, which in turn could lead to higher mortgage rates later this...

Economics

America's Fastest-Growing Loan Category Echoes Subprime Crisis

Property Assessed Clean Energy (PACE) loans, set up by local governments and designed to encourage homeowners to buy energy-efficient solar...

Government + Policy

Opportunity arises from an unusual election

Political affiliations aside, NAHB Chairman Ed Brady writes that the association will communicate with Congress and push hard for legislation that will benefit the entire nation

Home Builders Institute's Schools to Skills Grant Application Open Through December

As Mortgage Rates Rise, Buyers Lose Purchasing Power

Renters Are Choosing Single-Family Homes for These Features