https://eyeonhousing.org/2023/10/mortgage-activity-increases-despite-rise-in-interest-rates/ National Association of Home Builders Discusses Economics and Housing Policy Thu, 16 Nov 2023 17:15:36 +0000 hourly 1 https://eyeonhousing.org/2023/10/mortgage-activity-increases-despite-rise-in-interest-rates/#comment-2221901 Thu, 16 Nov 2023 17:15:36 +0000 https://eyeonhousing.org/?p=34116#comment-2221901 For the construction loan sector, this indicates sustained demand for new homes and potential construction projects. Lenders might continue to offer construction loans, leveraging this market strength. Builders and developers should capitalize on this trend, seeking timely construction financing to meet the demand, ensuring that they can take advantage of the active mortgage market for their projects.

]]> https://eyeonhousing.org/2023/10/mortgage-activity-increases-despite-rise-in-interest-rates/#comment-2199362 Wed, 11 Oct 2023 20:57:08 +0000 https://eyeonhousing.org/?p=34116#comment-2199362 Activity from Mortgage Rate (MR) locks performed in August and September, with closure dates in early October. The rates on the locks were probably 7% to 7.25%. 6. tenths of a 1 is not much but it is still movement.

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