Hurricanes in Florida and North Carolina took a bite out of housing construction in October, but things are looking up. The U.S. Census Bureau’s November residential construction report shows single-family starts rising 6.4% compared to last month, clocking in at a seasonally adjusted annual rate of 1,011,000. Single-family housing completions also rose to a seasonally…
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Robert Reffkin, Compass CEO, joins CNBC’s ‘Squawk on the Street’ to discuss what the Fed decision may mean for the housing market.
The Supreme Court agreed on Wednesday to hear TikTok’s challenge to a law that could ban the popular social media app in the U.S. The move expedites the case to be heard at a special session on Jan. 10, shortly before the law is set to go into effect on Jan. 19. The news comes…
The Senate on Tuesday approved the trigger leads bill, which limits the use of “abusive“ digital marketing tools to reach potential borrowers. Mortgage trade groups commended the passage of the bipartisan legislation known as the Homebuyers Privacy Protection Act (S. 3502). The bill has been sent to the House of Representatives, which has two days…