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HUD awards $10 million in "sweat equity" grants

The Department of Housing and Urban Development announced this week that it is awarding $10 million in “sweat equity” grants to a group of nonprofit housing organizations. Sweat equity and volunteer labor may include landscaping, foundation work, painting, carpentry, trim…

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Homebuilder confidence climbs as economy strengthens

Declining mortgage rates partnered with a healthy economy contributed to homebuilder confidence increasing two points to 62 in February, according to the National Association of Home Builders/Wells Fargo Housing Market Index. NAHB Chief Economist Robert Dietz said builder confidence levels…

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