Congress Averts Partial Government Shutdown
With the National Flood Insurance Program (NFIP) and federal government just hours away from lapsing, House and Senate lawmakers voted to ensure the continued operations of the federal government, including the NFIP, through March 14.
The continuing resolution includes a clean short-term extension of government funding, aid for disaster relief and farmers, and reauthorization of the farm bill.
While NAHB is disappointed that some key code-related legislative priorities were left out due to political disagreements on the size and scope of the final package, NAHB will nevertheless continue to push for these priorities moving forward in the new year.
NAHB will continue to monitor developments closely and weigh in as appropriate.
Latest from NAHBNow
Feb 10, 2026
Planning for IBS? Schedule a Stop at NAHB HQNAHB HQ has something for everyone. All registrants can participate in enrichment sessions, learn about NAHB membership, and network with attendees. NAHB members will have exclusive member-only areas with giveaways, snacks, charging areas, and more.
Feb 10, 2026
NAHB Cites Policy Priorities to Bipartisan Working GroupNAHB Chief Lobbyist Lake Coulson on Feb. 10 addressed members of the Congressional Bipartisan Policy Working Group and urged the nearly dozen Democratic and Republican members of Congress to assist home builders in three key areas – comprehensive housing legislation, building codes and workforce development.
Latest Economic News
Feb 10, 2026
Credit Card Balances Rise in Q4 2025Overall consumer credit continued to expand in the fourth quarter of 2025, with growth in both nonrevolving and revolving credit. Nonrevolving credit, primarily student and auto loans, accounts for 74% of total outstanding consumer credit, while revolving credit, largely credit card balances, makes up the remaining 26%.
Feb 10, 2026
Weaker Demand, Unchanged Lending Conditions for Residential Mortgages in Fourth QuarterLending standards for most types of residential mortgages were essentially unchanged but overall demand was weaker in the fourth quarter of 2025, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS).
Feb 09, 2026
Lower Rates Lift Mortgage Activity at Start of the YearMortgage application activity rose sharply in January, driven primarily by a surge in refinancing activity as mortgage rates declined to a new low. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, increased 12.9% from December on a seasonally adjusted basis and was 61.3% higher than a year earlier.