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Single-Family Housing

Single-Family Housing
Weely Real Estate News

Single-Family Housing Starts Jump by 11.6%

March 19, 2024 Mariel Alumit Comments Off on Single-Family Housing Starts Jump by 11.6%

Single‐family housing starts in February were at a rate of 1.12 million, according to new data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. This is 11.6% above the revised […]

single-family housing
Top News

US single-family housing starts to drop; building permits hit 12-month high

July 20, 2023 Mark Paul Cervantes Comments Off on US single-family housing starts to drop; building permits hit 12-month high

Single-family housing starts drop 7.0% in June Single-family building permits increase 2.2% Multi-family starts fall 11.6%; permits drop 5.6% WASHINGTON, July 19 (Reuters) – U.S. single-family homebuilding fell in June, but permits for future construction […]

Weely Real Estate News

Single-Family Housing Starts Up in April

May 18, 2023 Mark Paul Cervantes Comments Off on Single-Family Housing Starts Up in April

Single‐family housing completions in April were at a rate of 971,000, which is 6.5% below the revised March rate of 1.03 million. The post Single-Family Housing Starts Up in April appeared first on Weekly Real […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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