Housing Again, Credit for Builders Tightens While Rates Decline Builders and developers responding to NAHB’s survey on financing for Acquisition, Development and Construction (AD&C)…Karen ZitoAugust 13, 2020
Housing Amid Record Low Rates, Refinancing Flourishes Over the last two weeks, the Mortgage Bankers Association’s tracked 30-year fixed-rate mortgage average rate…Karen ZitoAugust 12, 2020
Housing Gain for the “Core” CPI in July In July, overall inflation remained unchanged from the previous month, while core inflation accelerated. The…Karen ZitoAugust 12, 2020
Housing Gains for Single-Family Permits, Starts in June Single-family housing permits and starts were higher in June as housing demand and construction remains…Karen ZitoJuly 17, 2020
Housing Remodeling Market Shows Optimism despite COVID-19 In the second quarter of 2020, The NAHB Remodeling Market Index (RMI) posted a reading…Karen ZitoJuly 16, 2020
Housing Builder Confidence Rallies to Pre-Pandemic Level in July In a strong signal that the housing market is ready to lead a post-COVID economic…Karen ZitoJuly 16, 2020
Housing GDP Decreases in All States and D.C. in the First Quarter of 2020 Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia, in the first…Karen ZitoJuly 13, 2020
Housing Total Consumer Credit in May Decreases The Federal Reserve’s latest G.19 Consumer Credit Report shows trends in consumer credit, excluding loans secured by…Karen ZitoJuly 9, 2020
Housing Mortgage Purchasing Reaches Highest Level in over 10 Years The Mortgage Bankers Association’s (MBA) latest Weekly Application shows an uptick in applications for the…Karen ZitoJuly 8, 2020
Housing Economic Well-Being of U.S. Households (Part 2) The Federal Reserve Board recently released its Report on the Economic Well-Being of U.S. Households. The…Karen ZitoJuly 8, 2020