Source: The World Property Journal — According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, single-family and multifamily housing production accelerated in November, due to strong demand for new construction. Overall...
Source: ABC News — SILVER SPRING, Md. — Average long-term U.S. mortgage rates moved slightly higher in the final week of 2021. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark, 30-year home loan ticked up to 3.11% this...
Source: Fox Business — Mortgage interest rates dropped after the COVID-19 omicron variant began spreading across the U.S., according to the latest data from Freddie Mac. “Market volatility” caused the 30-year mortgage to drop seven percentage...
Source: Forbes — At long last, 2021 is drawing to a close, and the new year is right around the corner. This past year brought a return to stadiums for college football and a new era of Name, Image and Likeness (NIL) deals, the delta and omicron variants,...
Source: Fortune — Federal Reserve officials were confident through the summer that spiking prices would reverse as the economy worked through supply and demand shocks caused by the pandemic. But that “transitory” narrative has been all but...
Source: NBC News — After a second consecutive year in which the word “unprecedented” did more than its fair share of narrative heavy lifting, economists are looking ahead to 2022 with a sense of wariness: Sharply escalating prices and the uncertain severity of...
