While conventional home loans still make up approximately 60% of all loans, purchasing a home at this point is financially out of reach for a growing percentage of the population. … READ MORE >
housing supply
Industrial production and housing rebound in July, affirming GDP growth outlook
Industrial production, housing starts and permits rebounded in July, affirming RSM’s third-quarter GDP growth outlook. … READ MORE >
Housing starts and initial jobless claims give Fed mixed signals
The housing market continued to cool, but not the labor market, government data showed. … READ MORE >
U.S. housing supply continues to fall amid rising mortgage rates
There were 1.56 million new housing starts in June on an annualized basis, a 2.0% decline from May and the lowest level since last September. … READ MORE >