The boom in construction shouldn’t be too surprising, given that permits have risen in recent months and that builder confidence has risen. But it is a clear indication that rising household formation and sharp drops in the number of homes for sale are finally benefitting home builders, according to The Wall Street Journal.

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Congressional vote on “de facto QM Patch” postponed

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.

Nov 15, 2019 By