Kirsten Hillman, Canada’s ambassador to the U.S., says the diplomatic ties that the two countries established during the 2018 talks […]
News in end use
Mortgage Rates Up Slightly for Week Ending April 23rd
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending April 23rd, 2020. The PMMS shows […]
Fanny Mae and Freddie Mac to Begin Purchasing Home Loans that have gone into Forbearance Just After Closing
The Federal Housing Finance Agency (FHFA), the regulators of Fannie Mae and Freddie Mac has announced that the two mortgage […]
Canada’s Inflation Rate Falls to 5 Year Low
Statistics Canada is reporting that Canada’s inflation rate has tumbled to a near 5-year low of 0.9% in March as […]
FEA’s Weekly Order Survey Indicates Continued Strength
It’s not all the gloom and doom we are hearing about. Most dealers continue to report decent sales but just […]
Weekly Jobless Claims up 4.427 Million for Week Ending April 18th
The U.S. Department of Labor is reporting that an additional 4.427 million Americans applied for unemployment benefits during the week […]
New Single-Family Home Sales Tumble in March
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development are reporting that the sales of new […]
U.S. Home Prices Increase 0.7% in February 2020
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in February, 0.7% from […]
Mortgage Applications Decrease Slightly in Week Ending April 17th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending April 17th, 2020, […]
Paper Product Shortages the Unintended Consequence of Mill Curtailments and Shutdowns
The mill curtailments and complete mill shutdowns in British Columbia and other parts of North America were supposed to help […]