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Home building

NAHB report: Builder confidence rises on rallying interest rates

Falling mortgage rates helped end a four-month decline in builder confidence, and recent economic data signal improving housing conditions heading into 2024. Builder confidence in...

Low existing home inventory fuels buyers interest in new homes

More Americans are turning to new home construction as existing inventory remains low and mortgage rates begin to stabilize, the National Association of Home...

Existing home sales surge in February across U.S., Midwest

Existing home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of...

Mortgage rates continue to move up

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 4.42% over the...

Mortgage rates fall, Freddie Mac report shows

Freddie Mac has released the results of its latest Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.09% for...

Iowa Leading Indicators Index shows increase in July

By CBJ News Staff news@corridorbusiness.ccom The Iowa Leading Indicators Index (ILII), used by state officials to forecast tax revenues, increased 0.1% to 103.3 in July 2020...

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