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Housing starts fall more than expected, permits steady

US housing starts fall more than expected in April. Share on Twitter (opens new window). Residential building permits declined 1.8 per cent month-on-month to 1.352m, following an upwardly.

Refinance applications rise as rates fall to a seven-month low Rates are adjusting after spiking over expectations that the Federal Reserve will scale back bond purchases as the economy returns to health. While the 30-year average has climbed from a near-record.

Housing starts have risen 9.4 percent over the past 12 months. But apartments account for most of the gains, suggesting that more Americans will be renting instead of owning homes. The growth in apartment buildings points to an economy in which more Americans are renting, rather than buying homes.

The weather’s impact on housing starts is also evidenced in the numbers broken down by region. The Northeast saw February starts fall nearly. Worse than expected The drop was bit worse than.

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US housing starts fall on weak single-family homebuilding. U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a. These permits. – U.S. housing starts and building permits fell more than than expected in November. The Commerce Department said Thursday housing starts fell 18.7% to 1.090 mn units from October..

Expected slowdown in remodeling is good news for mortgage business  · In a moment I will dive into our business results, but first, let me set the stage with some brief comments on the housing market. Much has been written about the slowdown.

 · Latest reading on new home market shows surprise increase in housing starts, although permits fall more than forecasts.. fell more than expected.. But the housing starts.

U.S. housing starts and building permits fell more than expected in May, suggesting the housing recovery will likely remain slow for a while. Groundbreaking for homes fell 6.5 percent to a.

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Housing Starts Unexpectedly Fall in July While Building Permits Increase Housing starts fall more than expected in February; Posted by: Clarity on 03/16/2018.. Permits for future home building decreased 5.7 percent to a rate of 1.298 million units in February. U.S. financial markets were little moved by the data.

 · Housing starts and building permits fell more than expected in May, as groundbreaking for homes dropped 6.5 percent to a seasonally adjusted annual pace of 1 million units.

New home starts dropped 14.6 percent to their lowest level in more than six years in October and building permits. as well as housing emerging,” said David Sloan, economist at 4Cast in New York..

U.S. Housing Starts Fall More Than Expected While Permits Steady – Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed.

U.S. home building fell more than expected in February as construction of single-family homes dropped to more than a 1-1/2-year low, but the outlook for the housing market is improving amid.

How acting Ginnie Mae chief is trying to get to the bottom of VA refis A mortgage scam in California where fraudsters provide fake employer information on loan applications is more widespread than originally suspected, Fannie Mae said in a new fraud alert. Fannie warned.