Home builder confidence in national housing market conditions rose one index point for a reading of 68 in October. Readings over 50 indicate that most builders are confident about market conditions. Rolling three-month averages showed mixed results. The Northeastern region gained three points for an index reading of 57; the Midwestern region lost two index points with a reading of 57 and the Southern region posted a gain of one point with a reading of 70. The Western region held steady at 74.
What’s Ahead For Mortgage Rates This Week – October 22nd, 2018
Last week’s economic reports included readings on home builder confidence, sales of pre-owned homes and housing starts. The Commerce Department also issued a report on building permits issued; weekly reports on mortgage rates and first-time jobless claims were also released.
Winterizing Your Yard: 3 Landscape Tips
In some parts of the country, it has already started snowing! But, even if you live in an area with a moderate climate, your lawn and garden are about to take a “winter break.”
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