US homebuilders’ confidence fell to a seven-month low in April as the Iran war pushed up mortgage rates and materials costs at the start of the spring selling season. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo declined four points to 34, according to data out […]
Homebuilder sentiment falls to seven-month low Read More »
Key insight: Sen. Elizabeth Warren, D-Mass., is pressing the Fed for records on Kevin Warsh’s actions during the 2008 financial crisis, arguing he downplayed subprime risks and helped funnel taxpayer-funded bailouts to major Wall Street firms. Forward look: Warsh’s path to confirmation is already complicated, with Democrats uniformly opposed and Republican Sen. Thom Tillis withholding
Exclusive: Warren to probe Warsh on his role in 2008 crisis Read More »
The US has a shortage of at least 10 million single-family homes, according to a new report from White House economists — a higher figure than some previous estimates from the government and the private sector. Processing Content “If homebuilding and the growth of the single-family housing stock had continued at their historical pace instead of
Housing shortage is at least 10 million homes, White House says Read More »