According to an Associated Builders and Contractors analysis of data by the U.S. Census Bureau, national nonresidential construction spending increased 0.4% in August 2023. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.09 trillion.
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.31 percent as of September 28, 2023.
Based on new projections by AAA booking data for flights, hotels, rental cars, and cruises shows Labor Day weekend travel in 2023 is up over last year: domestic bookings are up 4% and international bookings are up 44%.
Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) averaged 6.81 percent as of July 27, 2023.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending June 16, 2023, U.S. mortgage applications increased 0.5 percent from one week earlier.
Posted on June 20, 2023
Posted on May 30, 2023