Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
Residential construction numbers were mixed in October. The U.S. Census Bureau and Department of Housing and Urban Development report an increase in construction permits but a small decline in construction starts. Overall, however, both single-family and multi-family production are running well ahead of their 2020 results. Permits for residential construction were issued at a seasonally adjusted annual rate of 1.650 million compared to 1.586 million in September, an increase of 4.0 percent. The September rate was a slight downward adjustment from the 1.589 million units originally reported. The October permit rate was 3.4 percent above the pace in October 2020. Permitting activity was at the top of the range of forecasts from analysts polled by Econoday. Those estimates ranged from 1.585 to
Rob Chrisman
|
|
29 working/business days left in 2021. Some MLOs, who can shift their client’s refi closings, are thinking about the tax implications of closing this year or next. Everyone is dealing with seasonal purchase slowdowns, appraisal bottlenecks, low... (read more)
|
|
Housing News
|
|
Residential construction numbers were mixed in October. The U.S. Census Bureau and Department of Housing and Urban Development report an increase in construction permits but a small decline in construction starts. Overall, however, both single-family... (read more)
|
|
Housing News
|
|
After its 5.8 percent jump the previous week, the Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of mortgage application volume, fell back during the week ended November 12 as rates ticked higher. The index fell 2.9 percent ... (read more)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
National Associattion of Realtors
|
|
|
|
|
|
|