The latest Commercial/Multifamily report from the Mortgage Bankers Association (MBA) is reporting the mortgage delinquencies on commercial and multifamily properties […]
Wood Markets News
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, […]
Ironwood Mill Opens Near Dolores Colorado
The Montezuma Plywood Co. plant, just outside of Dolores Colorado, which closed more than 40 years ago, has been given […]
Brazilian Plywood and Lumber Exports Decline in January 2020
The International Tropical Timber Organization (ITTO) is reporting that Brazilian exports of wood-based products (except for pulp and paper) declined […]
Maibec Announces Acquisition of LP’s East River Facility in Nova Scotia
Maibec has announced the acquisition of LP’s East River Facility in Nova Scotia, Canada as well as the assets and […]
Boise Cascade Announces Closure of Roxboro, North Carolina I-Joist Facility
Twenty-nine Boise Cascade employees will soon be out of work, as the company announces the closure of their I-Joist facility […]
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 […]
British Columbia Government Approves Vavenby Forest Tenure Transfer from Canfor to Interfor
The long-awaited transfer of Vavenby forest tenure from Canfor to Interfor was finally announced on Friday afternoon (2/28/20) by the […]
Private & Public Construction Spending Increased in January
The U.S. Census Bureau has reported that total construction spending during January 2020 was at an estimated SAAR of $1,369.2 […]