Housing Starts Decline In July
Fri, 16 Aug 2019 11:00:06 GMT
U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a jump in permits to a seven-month high offered hope for the struggling housing market.
Gen Z Is Starting To Buy Homes
Fri, 16 Aug 2019 10:59:30 GMT
A new report from Transunion shows that the number of Gen Z consumers, categorized as those born in 1995 and after, who took out a mortgage more than doubled in one year.
Facebook Failed To Warn Users Of Known Risks
Fri, 16 Aug 2019 10:58:34 GMT
Facebook users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Thursday showed.
Mortgage Rates Remain Near Historical Lows
Thu, 15 Aug 2019 12:20:58 GMT
Freddie Mac reports 30-year fixed-rate mortgage averaged 3.60 percent with an average 0.5 point for the week ending Aug 15, 2019, unchanged from last week
New Home Purchase Mortgage Applications Increase
Thu, 15 Aug 2019 12:20:26 GMT
The Mortgage Bankers Association Builder Application Survey data for July 2019 shows mortgage applications for new home purchases increased 31.2 percent compared from a year ago.
Builder Confidence Trending Higher
Thu, 15 Aug 2019 12:19:51 GMT
Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.