L.A. Has Approved 4 Permits To Rebuild in Pacific Palisades After Wildfires-as New Video Shows Process of Preparing Properties for RebuildingLos Angeles has granted permits to rebuild homes in Pacific Palisades after wildfires, highlighting recovery efforts amid criticisms of the slow permitting process.
The Fed's monetary policy is stifling new constructionRising mortgage rates are negatively affecting builder confidence and housing starts, stalling market growth.
Why have mortgage rates gone up since the Fed rate cut?The bond market's rapid movements can influence mortgage rates, even after the Fed cuts rates.
Mortgage rates continue their descentLower mortgage rates continue despite subdued housing market activity.
Logan Mohtashami discusses the spike in housing inventory levels on CNBCLower mortgage rates drive an increase in applications and permit levels, but concerns remain about construction labor and affordable housing.
Higher rates are impacting future housing productionHigher mortgage rates are impacting permit data, mirroring COVID-19 recession lows, leading to concerns about job losses in the construction sector.
The Fed's monetary policy is stifling new constructionRising mortgage rates are negatively affecting builder confidence and housing starts, stalling market growth.
Why have mortgage rates gone up since the Fed rate cut?The bond market's rapid movements can influence mortgage rates, even after the Fed cuts rates.
Mortgage rates continue their descentLower mortgage rates continue despite subdued housing market activity.
Logan Mohtashami discusses the spike in housing inventory levels on CNBCLower mortgage rates drive an increase in applications and permit levels, but concerns remain about construction labor and affordable housing.
Higher rates are impacting future housing productionHigher mortgage rates are impacting permit data, mirroring COVID-19 recession lows, leading to concerns about job losses in the construction sector.