The Labor Department noted that first time claims were down to 271,000, some of the lowest numbers since 2000. New housing starts fell 8.9 in December according to the Commerce Department and new building permits also dropped by 4.4.
The Labor Department noted that first time claims were down to 271,000, some of the lowest numbers since 2000. New housing starts fell 8.9 in December according to the Commerce Department and new building permits also dropped by 4.4.
New home sales surprised the experts. The Commerce Department said that new home sales were up by 13.8 for March, and last week used home sales were up as well. One economist says that the housing market still has a lot of room to maneuver and that a slump is more like a 'soft landing' for 2006. The 30-year mortgage is averaging 6.49 nationwide.
© 2020 Inspirational Stories
© 2020 Inspirational Stories