The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for December 2019.
![[Residential Construction Graph]](https://www.hud.gov/sites/dfiles/Main/images/hudno_20_010.jpg "[Residential Construction Graph]")
Building Permits
Privately owned housing units authorized by
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2019 shows mortgage applications for new home purchases increased 38.7 percent compared to December 2018. Compared to November 2019, applications decreased by 5 percent. This change does not
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today formally announced a grant agreement with Puerto Rico, making an additional $8.2 billion available to Puerto Rico to help with disaster recovery efforts.
“Now that proper financial controls are
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $482,000 to four housing authorities to assist young people aging out of foster care and who are at risk of experiencing homelessness. See chart below.
Secretary Ben Carson made the
After a year of continued strong growth in the multifamily market, Freddie Mac (OTCQB: FMCC) projects that origination volume will continue growing into 2020, reaching
Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.
The MCAI fell by 3.5 percent to
The U.S. Department of Housing and Urban Development today launched the new Building HOME online training series for the HOME Investment Partnerships (HOME) Program.
Building HOME online training is an interactive, self-paced online training which guides grantees through 12 modules, providing
Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.64 percent.
“Mortgage rates fell to the lowest level in
Mortgage applications decreased 1.5 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 3, 2020. The results include adjustments to account for the holidays.
The Market Composite
