Higher Rates, Economic Uncertainty Slow Commercial Lending In The U.S. According to the Mortgage Bankers Association, total U.S. commercial and multifamily mortgage borrowing and lending is expected to fall to $504 billion this year, which […]
During the first six months of 2023, a total of 185,580 U.S. properties went into foreclosure, default notices, scheduled auctions or bank repossessions. That’s up 13% compared to the same period last year and it’s […]
According to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey, delinquency rates for U.S. mortgages backed by commercial and multifamily properties increased slightly through the first quarter of 2023. “Delinquency rates […]
What goes up must come down. After nearly two years of explosive growth in the housing sector, economists and real estate experts said sales could take a major dip in 2023. But so far, that […]
The National Association of Home Builders is reporting this week that U.S. single-family production remained at an anemic pace in February 2023, as builders continue to wrestle with elevated mortgage rates, high construction costs and […]
If you don’t quite know how to feel about the U.S. economy at the moment, you’re not alone. The highest inflation rates in four decades have caused U.S. consumers to turn sour on how they view their […]
Wouldn’t life be easy if we already knew what was going to happen to the economy in the coming weeks, years, or decades? We could make decisions about our personal finances, secure in the knowledge that […]
The Hanover Insurance Group, Inc. released its 2023 Home Buying and Renovation Report, which provides insights into recent home buying trends and plans for renovations in the new year. The Hanover commissioned The Harris Poll […]
BENGALURU, March 2 (Reuters) – U.S. home prices are forecast to decline modestly this year and by less than previously thought as demand has declined only slightly despite expectations that interest rates have further to […]
Focus on Survey-Based Inflation Expectations Read this Economic Brief from the Federal Reserve Bank of Richmond to learn about consumer-based surveys of inflation expectations and use the FRED graph below to compare survey responses with […]
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