Podcast: Builder Sentiment Improves as Congress Looks to Approve Budget

Economics Mortgage Rates Continued to Rise in September

Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on U.S. treasury bond yields, a key factor in mortgage rates.

Membership Median Revenue of NAHB Associate Members Climbs to All-Time High

According to NAHB’s most recent member census from 2025, approximately two-thirds of NAHB’s total members are Associate members. These members include those involved in a wide range of support industries and professions including, trade contractors, manufacturers, retailers/distributors, designers, and architects.

Economics ARM Share Increased as Mortgage Rates Spiked

Mortgage application activity declined as the 30-year fixed mortgage rate rose sharply. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, decreased 7.7% month-over-month in September on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were lower by 35.4%.

Economics Mortgage Rates Rise as Treasury Yields Top 5%

Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on the U.S. treasury yields. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.86% in September, up nearly 20 basis points (bps) from August.

Economics Two-Story Foyer Share Edges Up in 2025

In 2025, around a quarter of new homes were built with a two-story foyer, slightly up from 2024, according to data obtained from the Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB.