On today’s Hot Sheet, Byron Lazine covered a sweeping housing affordability bill passing the House 390–9 as bipartisan momentum builds to expand supply and lower costs.
He also broke down Intercontinental Exchange data showing mortgage rates at 6.04% pushed 4.8 million borrowers into refinance territory and lifted affordability to a four-year high.
For today’s third topic, Byron reviewed new ResiClub analysis showing U.S. homebuilding remains only moderately concentrated despite growing pressure on large builders.
