The Ticker

Dallas homebuilding values shift dramatically

More expensive homes being built
New home starts in Dallas may be up, but it won’t help the affordability crisis as homebuilders made a dramatic shift in the type of homes they are building. Instead of building affordable homes, new home starts are increasing in the higher price ranges.
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Consumers unsure about economic conditions

Consumer sentiment decreases in July
Consumer sentiment decreased in July from last year as well as last month. Some of the decrease can be credited to Brexit, and near the end of July consumers became more optimistic about the state of the economy.
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Freddie Mac: Mortgage rates continue upward trend

Historically low rates still pushing up
The 30-year fixed-rate mortgage increased again this week, however it does not seem to bother homebuyers as rates are still near historical lows. On the other hand, the 10-year Treasury yield remained flat. Here, the Freddie Mac chief economist explains why.
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