The delinquency rate in Q1 was up 6 basis points from 2024Q4 and was up 10 basis points year-over-year, MBA reported.
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NFIB Small Business Optimism Index Retreats in April
The NFIB Small Business Optimism Index declined 1.6 points to a reading of 95.8 in April.
Czech Pavilion for Expo 2025 Osaka Features CLT Design
A spiraling structure of CLT and glass defines the Czech Pavilion for Expo 2025 Osaka in Japan, according to a feature by Dezeen.
US Asking Rents Post Sharpest Year-Over-Year Decline Since Early 2024
The median US asking rent fell 1% year-over-year to $1,625 in April, the largest decline since February 2024, Redfin reported.
US Consumer Credit Slows in Q1
Total outstanding consumer credit reached $5.01 trillion in Q1, an increase of 1.53% (SAAR) compared to the previous quarter, the Federal Reserve and NAHB reported.
CSX and Locomotive Engineers Reach Tentative Five-Year Agreement
CSX reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen on a new five-year single-system agreement.
Bloomington Development Turns to Mass Timber for Two Industrial Buildings in Ontario
Bloomington Development is building two mass timber industrial buildings in Sudbury, Ontario, according to Daily Commerical News.
US National Interagency Fire Center Wildfire Update as of May 9
As of Friday, there were eight large new wildfires and a total of 31,288 acres burning.
Tolko Plans Downtime at Two Divisions in North Okanagan, BC
Citing a lack of economical fiber, Tolko said it is planning downtime at a pair of North Okanagan, BC, operations, the Haida Gwaii Observer reported.
US Mortgage Credit Availability Steady in April After March Spike
The MBA Mortgage Credit Availability Index held steady at 102.9 in April.