Podcast: NAHB Puts a Spotlight on Housing in the Media and on the Hill
On the latest episode of the NAHB podcast, Housing Developments, hosts CEO Jim Tobin and COO Paul Lopez are on the road as they discuss housing and economics with key press outlets in New York City. Media are eager to hear what NAHB members are seeing in the housing market. Topics of note include the latest release of the NAHB/Wells Fargo Housing Market Index (HMI), as well as the challenges in the housing market, such as high mortgage rates, housing affordability and shortage of skilled workers.
NAHB is getting the message out to legislators as well, as first Vice Chairman Carl Harris and Second Vice Chair Buddy Hughes headed to Capitol Hill this week to urge congressional leaders to address the challenges facing home builders.
NAHB continues to gear up for the International Builders’ Show, taking place Feb. 27-29 in Las Vegas — less than two weeks away.
Listen to the latest episode below and subscribe to Housing Developments through your favorite podcast provider.
Latest from NAHBNow
The National Association of Home Builders (NAHB) released the NAHB Remodeling Market Index (RMI) for the third quarter, posting a reading of 62—up one point compared to the previous quarter.
For the first time since 2022, the share of new homes with two-story foyers increased, according to the Census Bureau's Survey of Construction (SOC). Despite the increase, the market share of two-story foyers has generally trended downward since 2017, with most new single-family homes being built without a two-story foyer both nationally and regionally.
Latest Economic News
In the third quarter of 2026, the NAHB Remodeling Market Index (RMI) posted a reading of 62, up one point compared to the previous quarter. The RMI has remained within a narrow band between 59 and 70 for the past four years.
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%.
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.