The National Association of Homebuilders reported a two-point increase in builder confidence in May. The NAHB Housing Market Index reading increased from 68 in April to 70, which was the second-highest reading since the economic recovery started. May’s reading exceeded analyst expectations of a flat reading for May. Builder confidence rose as demand for homes continued to rise; this factor overrode builder obstacles including higher prices for lots and ongoing labor shortages. A new tariff on lumber was also expected to dampen builder confidence.
3 Simple Home Security Upgrades That Will Help to Deter Burglars
Whether you’re going on an extended holiday or are just concerned about security in your neighborhood, you might be curious about the best ways to pursue safety in your home. If you’re wondering how you can successfully stave off theft without a high price tag, here are some tips for protecting your property.
What’s Ahead For Mortgage Rates This Week – May 15, 2017
Last week’s economic reports included readings on inflation and core inflation, retail sales and consumer sentiment. Weekly reports on new jobless claims and mortgage rates were also released.
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