On today’s Hot Sheet, Byron Lazine broke down new HousingWire data showing purchase applications up 16% week over week and inventory growing 10.5% year over year as mortgage rates hover near 6.05%.
He also covered the NAHB Homebuilder Survey, where builder confidence fell to 37 as price cuts expanded and buyer traffic weakened.
For today’s third topic, Byron reviewed HousingWire reporting on President Trump’s expected housing affordability proposals at the World Economic Forum, including penalty-free 401(k) withdrawals for down payments.