WFB Briefs: ABC To Host Construction Economic Update Webinar, Mortgage Rates Rebound, More

Associated Builders and Contractors Chief Economist Anirban Basu will host the 2026 Q1 Construction Economic Update and Forecast Webinar on Wednesday, April 8, from 2–3:30 p.m. ET. Basu will offer insights for contractors to consider when planning for the months ahead. Register for free here.

The interest rate for a 30-year fixed-rate mortgage was at 6.38% the week ending March 26, a 40-point (bps) increase from the week ending February 26 (5.98%), according to Freddie Mac. The rate for a 15-year fixed mortgage increased 31 bps from February 26 (5.44%) to March 26 (5.75%). “The rebound in mortgage rates was driven primarily by movements in the 10-year Treasury yield, which jumped 11 bps to 4.24% as tensions in the Middle East escalated,” the National Association of Home Builders reported.

Housecall Pro, the home service business software, recently launched Trades 40 Under 40, a yearly recognition program to honor 40 trades professionals under 40 who are raising the bar across residential and commercial service trades, including flooring. Nominations are free and open to the United States and Canada with a deadline of April 30. Click here for more information.

New products from Festool, including the KSC 60 Cordless Compound Miter Saw + Energy Set Combo, Systainer³ SYS3 MFT mobile workbench and DOMINO Joiner DF 500 R, are now available for shipping. Learn more here.

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