In their weekly Primary Mortgage Market Survey® (PMMS®) Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) averaged 3.73%, ticking […]
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U.S. Consumer Prices Increase more than Anticipated in November
The U.S. Labor Department reported that its Consumer Price Index (CPI) increased 0.3% in November, with increases in shelter and […]
Mortgage Applications Increase 3.8% from Week Earlier
According to data from the Mortgage Bankers Association. the Market Composite Index, a measure of mortgage loan application volume, increased […]
November Housing Inventory Drops 9.5% Year-Over-Year
According to a report released by realtor.com, lower interest rates are spurring increased demand and as a result the number […]
New USMCA Set to Replace NAFTA on January 1st 2020
Top officials from the United States, Canada and Mexico have signed a new trilateral trade agreement. The U.S., Mexico and […]
November Jobs Rate Soars…Residential Construction Employment Little Changed
According to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics, the U.S. economy added 266,000 jobs […]
Mortgage Rates Hold Steady
Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending on December 5th […]
Mortgage Applications Drop 9.2% for the Week Ending November 29th
According to information released in the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 29, […]
October Home Prices Increased by 3.5% Year over Year
CoreLogic® has released their CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2019. The report shows that home […]
U.S. Construction Spending Moves Lower in October
The U.S. Census Bureau has reported that total construction spending, which includes both private and public construction, during October 2019 […]