By Michael Neal Information provided by the Federal Housing Financing Agency indicates that mortgage rates on purchases of newly built homes ticked up by 3
By Michael Neal In the second quarter of 2017, the nation’s economy grew at a faster pace than in the first quarter. According to the
By Michael Neal In a statement following its two-day meeting covering July 25 and 26, the Federal Open Market Committee (FOMC or the Committee) decided
By Michael Neal Sales of new single-family homes rose by 0.8 percent over the month of June 2017 to 610,000 as reported jointly by the
By Michael Neal Consumer prices faced by urban consumers nationwide, as measured by the Bureau of Labor Statistics’ Consumer Price Index – Urban Consumer (CPI),
By Michael Neal Residential construction loans held by banks have grown over the past 4 years. However, in recent quarters, growth in the stock of
By Michael Neal Information provided by the Federal Housing Financing Agency’s Mortgage Interest Rate Survey indicates that mortgage rates on purchases of newly constructed homes
By Michael Neal Residential construction loans held on FDIC-insured banks’ balance sheets reached $70.7 billion in the first quarter of 2017 with community banks accounting
