U.S. Builder Confidence Hits 2019 High in September

National Association of Home Builders | September 18, 2019

According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released this week, U.S. builder confidence in the market for newly-built single-family homes rose one point to 68 in September 2019 from an upwardly revised August 2019 reading of 67. Sentiment levels have held in the mid-to upper 60s since May and September's reading matches the highest level since last October 2018.

Spotlight

Bonds are a vital component of the commercial real estate lending market. They set the limit on what banks and lenders charge for commercial real estate loans. More specifically, the 10-year Treasury note is one of the major bonds that affect mortgage rates. It is also the benchmark for commercial and residential real estate loans. The 10-year Treasury note also sets the tone for how the real estate market performs and where it’s headed.

Spotlight

Bonds are a vital component of the commercial real estate lending market. They set the limit on what banks and lenders charge for commercial real estate loans. More specifically, the 10-year Treasury note is one of the major bonds that affect mortgage rates. It is also the benchmark for commercial and residential real estate loans. The 10-year Treasury note also sets the tone for how the real estate market performs and where it’s headed.

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