It’s a fact, the U.S economy, almost 70% of it, is driven by the consumer and consumer spending. As the […]
News in end use
The Number of Foreign-Born Construction Workers in U.S. Remains at Record Levels
Recent research conducted by the National Association of Home Builders (NAHB), reveals that in spite of a slowing of immigration […]
Construction Costs Survey for 2019
The latest Cost of Construction Survey, which was conducted by the National Association of Home Builders (NAHB) and recently published, […]
World Leaders Approach to COVID-19 Varies Widely
World leaders, their economic advisers and policymakers are taking a wide and varied approach to the COVID-19 (aka- the coronavirus) […]
COVID-19 Has Potential to Slow U.S. Construction and Disrupt Building Materials Supply Chain
According to Richard Branch, chief economist at Dodge Data & Analytics, (DD&A) nearly 30% of products used in U.S. building […]
30-Year Fixed Mortgage Rate Hits Lowest Rate in 50-years
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending March 5th, 2020. The PMMS shows […]
Mortgage Delinquencies on Commercial and Multifamily Properties Stay Low in Fourth Quarter of 2019
The latest Commercial/Multifamily report from the Mortgage Bankers Association (MBA) is reporting the mortgage delinquencies on commercial and multifamily properties […]
Mortgage Applications Increased in the Week Ending February 28th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending February 28th, 2020, […]
Mortgage Rates Decrease on a Month-Over-Month Basis
According to information provided by Freddie Mac, mortgage rates decreased on a month-over-month basis. As of February 28th, 2010, the […]
Federal Reserve Enacts 50 Basis Point Rate Cut
The Federal Reserve on Tuesday announced that in response growing demand and supply-side impacts of the coronavirus it was reducing […]