Podcast: 2022 Economic Outlook with NAHB Chief Economist
In the first Housing Developments episode of 2022, sponsored by Wells Fargo, NAHB Chief Economist Rob Dietz sits down with co-hosts CEO Jerry Howard and Chief Lobbyist Jim Tobin to provide his economic outlook for the year ahead. Tune in to hear Dietz’s predictions regarding the supply chain, lumber prices, interest rates, housing affordability and more.
And remember that you still have time to register for the International Builders’ Show, Feb. 8-10, in Orlando, where you can hear from Dietz and more NAHB staff experts live and in person.
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Latest Economic News
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Economics
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Treasury Yield Increase Drives Mortgage Rates Higher in MayMortgage rates continued their upward trend in May due to market volatility triggered by fiscal concerns and weaker U.S. Treasury demand. According to Freddie Mac, the average 30-year fixed-rate mortgage rose to 6.82% — a 9-basis-point (bps) increase from April. The 15-year fixed-rate mortgage increased by 5 bps to 5.95%.
Economics
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Aging-in-Place Remodeling Work Fell While Familiarity and Receptiveness Remain HighOnly 56% of professional remodelers undertake projects designed to allow homeowners to Age-in-Place (AIP), according to results from NAHB’s Q1 2025 Remodeling Market Index (RMI) survey.