Residential construction on the rise amid major inventory shortage

Residential housing starts rose 19.4 percent in March, according to a new report by the Census Bureau and the Department of Housing and Urban Development. Continue reading

Mortgage rates drop to 30-year low

The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading

84% of Americans say homeownership is a ‘priority’

Despite rising prices and personal finance issues, the majority of Americans are optimistic about homeownership, according to NerdWallet’s 2020 Home Buyer Report Continue reading

Housing construction falls in January — but new permits soar

Residential housing starts fell 3.6 percent, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading