Housing Construction Hiring Surged in May After an accelerated pace of layoffs in March and April, construction sector hiring roared back…Karen ZitoJuly 7, 2020
Housing Treasury-Mortgage Spread Stays Constant in June The 30-year fixed-rate mortgage rate has been known to follow, albeit loosely, the 10-year Treasury…Karen ZitoJuly 6, 2020
Housing U.S. Added 4.8 Million Jobs in June In June, total payroll employment rose by 4.8 million and the unemployment rate dropped to…Karen ZitoJuly 2, 2020
Housing Initial Jobless Claims Continue to Decline While weekly initial jobless claims decreased for the 13th straight week, continuing claims, which lags…Karen ZitoJuly 2, 2020
Housing Private Residential Spending Declined in May; Significant Revisions for Improvement Spending NAHB analysis of the Census Construction Spending data shows total private residential construction spending stood…Karen ZitoJuly 1, 2020
Housing Correlation Between Low Housing Supply and Purchase Loan Size Despite the Mortgage Bankers Association’s (MBA) tracked 30-year, fixed-rate mortgage rate moving further downward, by…Karen ZitoJuly 1, 2020
Housing Annual Home Price Gains Remain Strong in April Home price appreciation continued in April despite the economic slowdown and the recent declines in…Karen ZitoJune 30, 2020
Housing Consumer Confidence Increases in June After a sharp decline in April, consumer confidence improved in June for a second straight…Karen ZitoJune 30, 2020
Housing Pending Home Sales See Biggest Increase on Record in May After two months of sharp decline, pending home sales surged the most on record in…Karen ZitoJune 29, 2020
Housing May Personal Income Declined 4.2% The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income decreased…Karen ZitoJune 26, 2020