The Impact of Refinances on the Market

While there has been a lag in the housing market’s response to lower rates, real estate volumes have clearly shifted into a higher gear… Read More TheMReport.com https://themreport.com/daily-dose/12-02-2019/the-impact-of-refinances-on-the-mortgage-market

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12/3: MetroIntelligence Economic Update by P. DUFFY

October construction spending slips 0.8 percent from September, up 1.1 percent year-on-year Construction spending during October 2019 was estimated at a seasonally adjusted annual rate of $1,291.1 billion, down 0.8 percent from September but up 1.1 percent year-on-year.  During the first ten months of this year, construction spending amounted to $1,086.5 billion, 1.7 percent below the $1,105.2 billion for the same period in 2018. https://www.census.gov/construction/c30/pdf/release.pdf   October orders for durable goods rebounded 0.6 percent, rose 4 out of last 5 months Orders for durable goods rose 0.6% in October after…

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