Skip to content
NAHB Logo

Eye On Housing

National Association of Home Builders Discusses Economics and Housing Policy

  • Housing Economics Plus
    • Housing Economics Plus Newsletter
    • Become a Plus Member
  • Survey Research
    • Indices
      • HMI
      • HBGI
      • CHI
      • MMS
      • AD&C
      • RMI
    • Books
  • Housing Policy Research
    • Special Studies
    • Housing's Economic Impact
  • Highlights
  • Team
  • Home
  • Household Finance

Archives

Categories

  • Builder Finance (37)
  • Construction Statistics (251)
  • Employment/Labor (111)
  • HMI (38)
  • Home Sales and Prices (111)
  • Household Finance (95)
  • Housing Affordability (53)
  • Macroeconomics (136)
  • Multifamily (60)
  • Other Housing Data (77)
  • Policy Research (129)
  • Remodeling (21)
  • Single-Family (114)
  • Top Posts (15)

Household Finance

Household Finance includes blogs about personal income, consumer credit, household balance sheets, and mortgage interest rates.

  • Household Finance

U.S. Consumer Debt Rises to $5.1 Trillion in the Third Quarter

Onnah DereskiNovember 12, 2024November 15, 2024

Total outstanding U.S. consumer debt stood at $5.10 trillion for the third quarter of 2024, increasing at an annualized rate of 3.28% (seasonally adjusted), according to the Federal Reserve’s G.19 Consumer Credit Report. In general, consumer debt has been slowing over the past two years,…

Read More
  • Household Finance
  • Policy Research

A Rate Cut from the Fed: What Will the Terminal Rate Be?

Robert DietzNovember 7, 2024November 8, 2024

The Fed cut the short-term federal funds rate by an additional 25 basis points at the conclusion of its November meeting, reducing the top target rate to 4.75%. However, while the Fed noted it is making progress to its 2% inflation target, it did not…

Read More
Freddie Mac Prime Mortgage Market Survey (PMMS) and Interest Rate
  • Household Finance

Mortgage Rates Reversed Downwards Trend in October

Catherine KohNovember 6, 2024November 7, 2024

In October, mortgage rates reversed their recent downward trajectory, returning to levels two months earlier. According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage increased 25 basis points (bps) from September to 6.43%. The 15-year fixed-rate mortgage saw an even steeper increase…

Read More
Mortgage Bankers Association Market Indices
  • Household Finance

Mortgage Activity Declines in October as Mortgage Rates Increase

Catherine KohNovember 6, 2024November 6, 2024

The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, decreased 13.9% month-over-month on a seasonally adjusted (SA) basis due to higher mortgage rates. This decline was reflected in both the Purchase and Refinance Indices, which…

Read More
  • Household Finance

Personal Income Rises 0.3% in September

Na ZhaoOctober 31, 2024October 31, 2024

Personal income increased by 0.3% in September, following a 0.2% up in August and a 0.3% increase in July, according to the most recent data release from the Bureau of Economic Analysis. The gains in personal income were largely driven by increases in wages, salaries,…

Read More
  • Household Finance

Refinancing Activity Continues to Climb in September

Catherine KohOctober 2, 2024October 2, 2024

The Market Composite Index, a measure of mortgage loan application volume by the Mortgage Bankers Association’s (MBA) weekly survey, rose 18.4% month-over-month on a seasonally adjusted (SA) basis, driven primarily by a surge in refinancing activity. Compared to September 2023, the index increased by 47%….

Read More
freddie mac 30-year, 15-year fixed-rate mortgages and 10-year treasury yield
  • Household Finance

Mortgage Rates Continue Downward Trend in September

Catherine KohSeptember 30, 2024September 30, 2024

In September, mortgage rates maintained their downward trajectory, returning to levels last seen two years ago. According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage fell to 6.18%, a decline of 32 basis points (bps) from August. The 15-year fixed-rate mortgage saw…

Read More
  • 1
  • 2
  • 3
  • …
  • 14

Subscribe to Blog via Email

Categories

Archives

Eye on the Economy Newsletter

Get bi-weekly insights from NAHB's chief economist on recent housing and economic activity.

Subscribe

Upcoming NAHB Economic Presentations

Map

  • November 20 - Indiana Builders Association
  • November 26 - Home Builders Association of Greater Cincinnati
  • December 3 - The Farnsworth Group
  • December 3 - Home Builders Association of Raleigh - Wake County
  • December 5 - Home Builders and Remodelers Association of Central Connecticut

To schedule a presentation for your group, please contact: econ@nahb.org

Wells Fargo Ad

NAHB Economics

1201 15th St NW, Washington, DC 20005
econ@nahb.org
  • NAHB
  • Housing Economics
  • NAHBNow Blog
  • The International Builders’ Show