Podcast: NAHB’s Position on Banning Gas Appliances and Congress Gets Back to Work
In the latest episode of NAHB’s Housing Developments podcast, NAHB CEO Jim Tobin and SVP Paul Lopez explain NAHB’s position on recent efforts to regulate gas appliances out of the market. The two also discuss pressing legislative issues now that Congress is working again and wrap up a busy week in Washington with NAHB’s Spring Leadership Meeting, Legislative Conference and the Innovative Housing Showcase.
Listen to Housing Developments wherever you get your podcasts, or watch a video of the full episode below.
Editor’s note: Read updates on the REINS Act, gas stoves legislation and the Fed’s meeting this week.
Latest from NAHBNow
On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez are joined by Chief Advocacy Officer Ken Wingert to discuss the immediate aftermath of the midterm elections.
In just three years, the NAHB Leadership Academy has grown into one of NAHB’s most impactful leadership development programs. The academy is now preparing to welcome its fourth cohort in 2027. Applications will be accepted through Nov. 16, 2026.
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Mortgage application activity declined in October as the 30-year fixed mortgage rate rose sharply again. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, fell 14.1% month-over-month in October on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were 39.8% lower.
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Mortgage rates rose sharply again in October as the U.S. treasury yields surged. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 7.33% in October, up 47 basis points (bps) from September. The rate reached 7.40% in early October, its highest level since 2023, before easing toward the end of the month.