With bitterly cold weather affected many regions of the United States from the early stages of January and February, the sale of new homes across the United States has undergone a significant plunge. But while most heavily affected, the housing market was not the only sector of the U.S....
Mortgage rates fell in March as the Federal Reserve softened its interest rate hikes on March 22. The decision to implement a 25 basis point hike came after the collapse of Silicon Valley Bank and Signature Bank and the banking instability that followed.
The 30-year mortgage rate hit 6.42% this...
A proposed 50% tariff on most Canadian goods could affect some construction inputs, but much of the biggest tariff exposure for builders is already tied to existing duties.
At a HUD budget hearing, officials offered no schedule for a disaster recovery package for January 2025 wildfire victims, even as California lenders press for a coordinated federal response.
Mortgage rates rose after tensions in the Iran conflict escalated, but weekly demand measures and purchase applications still showed year-over-year gains.
As homebuilders face tighter margins and longer schedules, the ability to track land development more accurately is emerging as a key lever for capital efficiency and project predictability.
Internet's favorite entrepreneur Elon Musk recently shared some advice to investors looking for the best approach in times of high inflation. Discussing the issue on Twitter, the CEO of Tesla recommended investing in "physical things".
According to Musk, it is "generally better to own physical things like a home or...
The Bank of England has kept its base rate at 3.75%, leaving many mortgage costs unchanged for now while future borrowing remains under pressure.
Research suggests poorer Londoners can pay hundreds of pounds more each year than wealthier households for the same everyday items and services.
The U.S. mortgage rates have seen a slight decline this week, but not enough to significantly drive up the demand.
According to a report from the Mortgage Bankers Association (MBA), the contract rate on a 30-year fixed-rate mortgage came down from 7.02% to 6.94% this week, the first time it...