Construction spending flatlines in May as homebuilding declines

Mortgage apps barely move for second week in a row What's Ahead For Mortgage Rates This Week : September 12. – Conforming and FHA mortgage rates improved for the second week in a row. The storylines should sound familiar by now. They are the same ones that have dictated the path of mortgage rates since April 2011. As a result, according to Freddie Mac, mortgage rates across WIsconsin and nationwide are now at an all-time low.

Construction Spending in U.S. Unexpectedly Fell in November – Private construction spending fell 0.2 percent from the prior month. Homebuilding outlays increased 0.4 percent to a 5.3 billion annual rate, the most since November 2008. Private non-residential.

Private Residential Construction Spending Declines in May. – Private Residential Construction Spending Declines in May By Na Zhao on July 5, 2017 (). NAHB analysis of Census Construction Spending data shows that total private residential construction spending fell 0.6% in May, the first decline after a strong start this year and the largest one since June 2014.

Construction spending flat in May – Finance & Commerce – WASHINGTON – U.S. construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available properties on the market. The Commerce.

Judge signs $25 billion foreclosure settlement The White House, state attorney generals, and the nation’s big banks are reportedly close to a $25 billion settlement on allegations on foreclosure fraud. banks or all 50 state attorney generals.

Construction spending flat in May – Sentinel Colorado – Overall construction spending was reported at a seasonally adjusted annual rate of $1.23 trillion, the same as last month’s revised figure. The flat May number follows April’s decline of 0.7 percent, which was revised from an originally reported drop of 1.7 percent.

Morgan Stanley revises house prices downward, again Rate cut to end house price slide – Completed residential construction work has already fallen 3.2 per cent in the last year – with approvals down 27.3 per cent. A month the bigger banks morgan stanley economists also expect the.

Construction Spending Reaches Record High With 0.4 Percent. – The largest public building construction type-educational construction-inched up 0.4 percent over the year. Spending on single-family homebuilding increased 8.2 percent from May 2017 to May 2018, while multifamily construction spending climbed 4.2 percent over that period, Simonson noted.

Fitch Warns on Option ARMs; high defaults await. – Sept. 2, 2008 Fitch Warns on Option ARMs; "High Defaults Await" "Fitch Ratings on Tuesday released a wide-ranging look at option ARMs that paints a decidedly negative picture for the mortgage markets over the next 36 months.

Construction spending reaches record high in May as. – Construction spending reached a record level of $1.309 trillion in May as monthly increases in residential and public investment outweighed a decline in private nonresidential outlays, according to an analysis of new government data by the Associated General Contractors of America (AGCA).

National construction spending was flat in May – Idaho. – A home under construction in Boise. US construction spending was flat in May, according to the U.S. Commerce Department. File photo. U.S. construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available properties on the market.

No growth in construction spending in May, government says. – WASHINGTON U.S. construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available properties on the market. The Commerce.

JPMorgan Chase & Co misses expectations on 3Q revenue, income Investing.com – Shares in JPMorgan Chase & Co moved lower in. business made its fourth-quarter revenue and earnings miss analysts’ estimates. The largest U.S. lender reported revenue of $26.8.

US Construction Spending Was Flat in April as Housing Fell. – Those declines were offset by a 4.8% surge in government construction spending to a record high of $299.4 billion, led by big gains in state and local government spending, which also rose to a.