Big Drop in Building Permits, But Construction Pace is Still Fairly Steady
The Census Bureau’s latest Residential Construction report showed a mixed picture for August, highlighted by a sharp drop in building…
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The Census Bureau’s latest Residential Construction report showed a mixed picture for August, highlighted by a sharp drop in building…
Wednesday brought the first of this week’s two key inflation reports. While the Producer Price Index (PPI) is the lesser…
U.S. markets were steady Tuesday morning after President Trump said he had removed Lisa Cook from the Federal Reserve’s Board…
Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels…
Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds…
The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, though…
With Thursday being a federal holiday, banks (and more importantly, the underlying market for mortgage related bonds) were closed. This…
One would think that the pace of new residential construction largely mirrors the pace of filings for building permits. And…
With the exception of Monday, which saw a medium-sized uptick in mortgage rates, the rest of the week has been…
Despite some ups and downs on a small scale, mortgage rates have been sideways in the bigger picture. That’s a…