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NAHB: Home Builder Confidence Nears 2005 High

The National Association of Homebuilders (NAHB) Wells Fargo Housing Market Index reported that homebuilder confidence in sales conditions for single-family homes declined one point to a reading of 57. The NAHB Housing Market Index measures home builder confidence based on builder opinions of current market conditions, future market conditions and buyer foot traffic in new homes. Home Builder Confidence Stable for Seven Consecutive Months January's index reading of 57 was one point below December's reading of 58. Any index reading above 50 indicates that more home builders are confident about housing market conditions than not. January's reading was the seventh…
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What’s Ahead For Mortgage Rates This Week – January 20, 2015

Last week's scheduled economic news was mixed. Job openings increased and jobless claims increased, and consumer sentiment rose. Mortgage rates fell across the board. Labor market conditions improved and consumer prices fell in large part due to decreasing fuel prices. The details: Labor Market Conditions Index Suggests Stronger Economy, Jobless Claims Jump Positive labor market ratings continued to show evidence of strengthening economic conditions. The Federal Reserve's Labor Market Conditions Index rose from November's revised reading of 5.50 to December's reading of 6.10. This index measures 19 economic indicators and rose well above its median reading of 1.90. November's reading…
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Three Subtle Painting Tricks That Will Make Your Home Look Amazing

When it comes to painting the walls of a house, sometimes subtle is best. You want to add design, color, and texture to the walls, but you don't want it jarring to the eyes. Here are three subtle painting techniques you can try on your home walls. Tissue Paper Texture One easy way to add texture to walls is to use tissue paper. You apply the tissue paper to the walls and it stays there until you want something new. Crumple up a piece of tissue paper into a tight ball and then open it up and smooth it out.…
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