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Buyers Rushing to Lock In Mortgages
Fri, 14 Jan 2022 15:59:48 GMT
The housing market doesn't appear to be following its typical seasonal slowdown this winter. Home buyers appeared in a rush last week, with economists crediting rising mortgage rates.

Construction Costs Continue To Rise
Fri, 14 Jan 2022 15:58:47 GMT
Building materials prices increased 15.9% in 2021 and have risen 18.6% since December 2020.

Retail Sales Fell in December
Fri, 14 Jan 2022 15:58:12 GMT
Many U.S. consumers heeded warnings about shipping delays, pushing a large share of holiday shopping season's usual gains to earlier in year.

30-Yr Fixed Leaps To 3.45%
Thu, 13 Jan 2022 16:03:17 GMT
Freddie Mac reports 30-year fixed-rate mortgage averaged 3.45 percent with an average 0.7 point for the week ending January 13, 2022, up from last week when it averaged 3.22 percent. A year ago at this time, the 30-year FRM averaged 2.79 percent.

Jobless Claims Rise to 230,000
Thu, 13 Jan 2022 16:02:32 GMT
Filings for jobless claims rose to a seasonally adjusted 230,000 last week, an increase of 23,000, as a tight U.S. labor market has kept applications near pre-pandemic lows for the past two months.

Inflation Reaches Fastest Pace Since 1982
Wed, 12 Jan 2022 15:43:39 GMT
U.S. inflation closed out 2021 at its highest level since 1982 as robust consumer demand exacerbated pandemic-related supply shortages.

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