Mortgage Blog

Home builders are seeing current single family home sales up. They see a positive future ahead for builders and future home buyer's. According to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today the index rose 2 points. The HMI has continued up since April's five point increase. The increase in home purchase activity is largely due to affordable home prices, more homes to choose from, more neighborhoods offered, and the $8000 homebuyer tax credit. Click NAHB details.