Single-Family Starts Trend Higher in September
Builder sentiment and easing monetary policy boosted single-family construction. Multifamily fell 9.4% due to tight financing and rising apartment completions. http://dlvr.it/TGHrTZ
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Should You Become a Mortgage Broker?
Wearing two hats isn’t for everyone – but, for some, dual licensing offers an opportunity to earn extra income and bring more value to your relationship with buyers. http://dlvr.it/TGHZ91
SBA Encourages Disaster Loan Applications
The SBA said disaster survivors should not wait to settle with insurance companies before applying for disaster loans. Also, Milton, Helene insurance claims increased. http://dlvr.it/TGGL35
Average Mortgage Rates Increase
Rates on 30-year mortgages rose to 6.44% from 6.32% last week, according to Freddie Mac. Rates on 15-year mortgages rose to 5.63% from 5.41%. http://dlvr.it/TGFtkC
Seller Profit Margins Drop Slightly Across U.S.
Returns on typical U.S. home sales remain high but dipped down quarterly and annually, ATTOM found. Median raw profits hold steady at just under $130,000. http://dlvr.it/TGFlqY
Report: August National Rent Growth Slow, Steady
U.S. single-family rent prices were up by 2.4% year over year in August, the lowest rate of growth recorded since last fall, CoreLogic reported. http://dlvr.it/TGFVKw