Instant Reaction: Housing Starts, February 16, 2024
Housing starts collapsed in January. More snow than usual fell across parts of the country, but the seasonally adjusted data implies a continuing housing shortage ahead. Multifamily construction fell 37% from a year ago and has been one of the lowest monthly activities over the past decade. Rising a
Instant Reaction: Mortgage Rates, February 15, 2024
Mortgage interest rates for the 30-year fixed mortgage averaged 6.77% this week, up from 6.64% last week based on Freddie Mac data. While mortgage interest rates have edged up weekly, the overall trajectory from fall 2023 is down and is now a full percentage point below the recent high. For home buy
Lawmaker: REALTORS® Woke Us Up to Stark Housing Reality
" data-src="https://cdn.nar.realtor/sites/default/files/styles/inline_paragraph_image/public/24_policyforum_0270.jpg?itok=5D0NifxK" class="b-lazy" width="1200" height="580" alt="NAR Policy Forum featuring Sen. Todd Young of Indiana"> © National Association of REALTORS® Sen. Todd Young of Indiana spe
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