Tag Archives: Decline

Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders, according to an analysis from the National Association of Home Builders (NAHB). Overall housing starts decreased 12.4% in July …

Mortgage rates continued to decline in August and are now reporting at the lowest rate since November 2024, according to Freddie Mac.  The 30-year fixed-rate mortgage averaged 6.59%, 13 basis points (bps) lower than July, while the 15-year rate declined …