Remodeling Sector Sees Solid Growth

Remodeling Sector Sees Solid Growth

NAHB: The latest data shows remodeling remains strong for the residential construction market, reflecting sustained consumer demand and industry confidence. WASHINGTON — May is National Home Remodeling Month, and the National Association of Home Builders (NAHB) is...
Spring Housing Market Shows Resilience

Spring Housing Market Shows Resilience

Realtor.com April report: U.S. home prices fall for 6th straight month, but fewer price cuts indicate that sellers are entering the market with realistic expectations. AUSTIN, Texas — Despite a turbulent start to the month marked by spiking gas prices, rising mortgage...
U.S. Economy Grew 2% in Q1 But Outlook Cloudy

U.S. Economy Grew 2% in Q1 But Outlook Cloudy

The government’s spending and investment grew at a 9.3% annual rate in Q1 while consumer spending growth slowed to 1.6%. Q1 covered about a month of the Iran war. WASHINGTON (AP) — The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from...
Jobless Claims Down in Florida

Jobless Claims Down in Florida

First-time claims, at 5,375, dropped for the 2nd week in a row. Fla.’s jobless rate has slowly increased to 4.6%, reflecting mid-February conditions. TALLAHASSEE, Fla. — First-time jobless claims in Florida dipped for a second consecutive week, according to estimates...
Average U.S. 30-Year Mortgage Rate Rises to 6.3%

Average U.S. 30-Year Mortgage Rate Rises to 6.3%

Ending a 3-week slide, it’s up from 6.23% last week, but lower than the 6.76% a year ago. The 15-year FRM rose to 5.64%; it was 5.58% last week and 5.92% a year ago. WASHINGTON (AP) — The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs...