According to the recently released IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI), a measure of manufacturing business conditions, fell […]
News in end use
Moody’s Analytics Paints Gloomy Picture for Many Americans with Mortgages
Moody’s Analytics, chief economist, Mark Zandi, is saying he believes that unlike the last recession, a dozen years ago, lenders […]
Nonfarm Payroll Employment Declines Sharply in March
The Bureau of Labor Statistic has released it Employment Situation Summary for March 2020. The summary is reporting that total […]
30-Year Fixed Mortgage Rate Moves Lower
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending April 2nd, 2020. The PMMS shows […]
Mortgage Rates Dip in March
Mortgage rates decreased on a monthly basis, according to information complied by Freddie Mac. As of March 27th, the 30-year […]
Jobless Claims Soar by 6.6 Million for Week Ending March 27th 2020
The U.S. Labor Department is reporting that unemployment claims hit a new record for the week ending March 27th, 2020. […]
Construction Spending Up Year-Over-Year in February
The U.S. Census Bureau has announced that construction spending during February 2020 was estimated at a seasonally adjusted annual rate […]
Bay Area Under Stricter Stay-at-Home Rules
In the hopes of limiting the further spread of the COVID-19 virus, the City of Berkley, along with the surrounding […]
Mortgage Applications Decline in Week Ending March 27th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending March 27th 2020, the […]
COVID-19 Pandemic is Changing How Houses are Bought and Sold
The sale of real estate property was already in the process of evolving when the COVID-19 pandemic struck. Making both […]