UPCOMING EVENTS
NEW MEMBERS
BUILDERS
2026Issue2 BuildersOutlook 9
Membership Outlook
UPCOMING EVENTS
General Membership Meeting March 12, 2026, 11:30 a. m. Radisson Hotel 1770 Airway Boulevard El Paso, TX 79925 Register Here
BUILDERS ONLY: Discussion with Gene Wolf: How to Keep the“ Limited” in Limited Liability March 25, 2026 EPAB Offices • 2-3 p. m. Register Here
TAB Spring Meetings March 30 – April 1, 2026 Hyatt Lost Pines 575 Hyatt Lost Pines Road, Bastrop, TX More details can be found at www. TexasBuilders. org
Residential Specialists Tract Homes • Custom Homes
Total Customer Satisfaction
915-208-9313 800-853-3996
NEW MEMBERS
Firefox Homes Manuel Rojo( 915) 920-5694 1920 Zaragoza Rd., Suite 105 El Paso, TX 79938
KP Home Builders Kevin Phillip( 915) 401-9903 809 Newman St El Paso, TX 79903
El Paso Disposal
772-7495
Showroom: 9400 Gateway East ■ El Paso, TX ■ 79907( 915) 593-1301 ■( 800) 356-9546 www. efbmi. com www. elpasobuilders. com
The average interest rate on a 30-year fixed-rate mortgage fell to around 6 % last week, the lowest rate borrowers have seen in close to three years. Borrowers will not only enjoy lower monthly payments at that rate, but it also makes homeownership possible for millions more. Even modest declines in mortgage rates can have a significant impact on housing affordability, pricing more households back into the market. New NAHB Priced-Out Estimates illustrate how changes in interest rates affect the number of
VOL 2026 ISSUE 2
BUILDERSOUTLOOK
PUBLISHED BY THE EL PASO ASSOCIATION OF BUILDERS: NATIONAL, STATE AND LOCAL HOME BUILDING INDUSTRY NEWS
Falling Mortgage Rates Make Homeownership Possible for Millions of Households
NAHB:
Even modest declines in mortgage rates can have a significant impact
households that can afford a medianpriced new home. than $ 105,880, and an additional 14
79.8 million households earn less
To begin 2026, the 30-year fixed million households earn between mortgage rate averaged 6.25 %. At $ 105,881 and $ 132,350. When that rate, around 31.5 million mortgage rates decline to near longterm averages( as they are now), the households could afford a new home at the national median price of qualifying minimum income shifts $ 413,595, per lender underwriting downward into these densely standards. A modest 25 basis-point populated income ranges, bringing a rate reduction from 6.25 % to 6 % substantial number of households would lower the qualifying income into the market. threshold sufficiently to allow 1.42 In contrast, an equivalent 25 basispoint cut at higher interest rate levels million additional households to afford a median-priced new home. has a smaller impact on affordability. This sizable affordability response For example, a decline from 7.75 % to reflects the underlying distribution of 7.5 % would only price around 1 U. S. household incomes. Household million households into the market. At incomes are heavily concentrated in higher rate levels, fewer households the middle of the distribution, with can qualify for a conforming many households near key mortgage. affordability thresholds. Approximately
■ EXECUTIVE OFFICERS President Lydia Mlouhi, Crown Heritage Custom Homes Vice President Jacob Barde, Lower East Valley, LLC Secretary Anthony Murillo, Millennial Homes Immediate Past President. Victor Robles, Maravilla Homes Associate VP Angelique Adauto Roman, True Title El Paso Executive Vice President Ray Adauto, EPAB
■ BOARD OF DIRECTORS Ricardo V, Aguilar, Savannah A Homes Kathy Carrillo, Nusenda Credit Union John Chaney, Hercules Industries Ted Escobedo, Snappy Publishing Juanita Garcia, Icon Custom Homes Raul Gonzalez, Rocky Mountain Mortgage Company Samira Lopez, Reva Living, Llc Sandra Lucero, Builders Source Appliance Gallery Anthony Murillo, Millennial Homes Leticia Navarrete, Explicitly Signature Homes Kathy Parry, Hunt Communities Victoriano Ramos, Dekora Design & Construction Randall Smith, Randall Smith Cpa Financial Services Victor Rejino, Maravilla Homes Luis Rosas, Hub International Courtney Yeatman, Weststar
■ LIFE MEMBERS John Chaney Mark Dyer Wayne Grinnell Rudy Guel Don Henderson Brad Roe
EL PASO ASSOCIATION OF
BUILDERS
© 2026 Builders Outlook is published by the El Paso Association of Builders and Snappy Publishing, LLC The El Paso Association of Builders is a 501C( 6) trade organization. 915-778-5387 El Paso Association of Builders Membership Information