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Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

With a reinvigorated CFPB, what’s next for the NYDFS?

While the CFPB is reinvigorated under the Biden administration, there’s plenty of room for it to retake a leading role and coordinate with the NYDFS.

Does your CRM hurt or help the customer experience?

In real estate, data is king. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences.

Investments

Construction spending slips dragged down by drop in homebuilding

Second month of construction decline

Construction spending fell for the second month in a row in February, with single-family homebuilding effectively the biggest drag on the total.

The Commerce Department says construction spending dropped 0.1% in February after a revised 1.7% drop in January.

Private spending on construction of single-family homes declined 1.4%, while spending on multifamily projects rose 4.1%.

Hotel construction rose a solid 5.5, while factory construction jumped 6.8%.

Economists, as usual, forecast that construction spending will rise in the spring and summer.

Construction spending was up 2.1% from February 2014.

Most Popular Articles

Will we ever see a “normal” housing market again?

The question on everyone’s minds: When will this hot housing market cool down? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review.

Jun 22, 2021 By

Latest Articles

Mortgage rates jump back up to 3.02%

The average 30-year fixed-rate mortgage rose nine basis points from the week prior to 3.02%, according to data released Thursday by Freddie Mac‘s PMMS. This is the first time in ten weeks mortgage rates have risen above 3%.

Jun 24, 2021 By
3d rendering of a row of luxury townhouses along a street

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