Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending April 2nd, 2020. The PMMS shows […]
News in end use
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 […]
Consumer Confidence Drops in March as COVID-19 Cases Increase
The Conference Board has reported that its consumer confidence index dropped from 132.6 in February to 120 in March. As […]
Consumer Confidence in Canada Drops to Great Recession Lows
The Bloomberg Nanos Canadian Confidence Index, declined sharply for a second straight week, sinking to the lowest level since the […]
Home Price Increases Were Strong in January
According to the S&P CoreLogic Case-Shiller Indices, home prices rose nationally 3.9% annually, which is up from December’s 3.7% rise. […]