Building materials prices continued to climb in March, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Oriented strand board (OSB) led price increases, up 9.3% since February (not seasonally adjusted), while the indexes for ready-mix concrete (+3.3%
The ONS said the biggest contribution to the increased cost of living came from the fastest annual rise for the cost of recreation and culture since January 2010, fuelled by the rising price. a.
· U.S. Cold rolled-coil prices rose to their highest levels since March of 2012 this week. spot steel prices saw some upward action in January.. Steel Prices: Cold-Rolled Coil Hits a.
Class I highest since 2015. The August Federal order Class I base milk price is $17.89 per hundredweight, up 71 cents from July, $3.74 above August 2018, and the highest since January 2015’s $18.58.
The real reason the Fed is going to begin tapering CFPB names another acting deputy director · No. The law is clear, and Mr. Mulvaney is the sole acting director of the CFPB. The Dodd-Frank Act did specifically create the office of deputy director. And the statute states (in Section 1011(b)(5)) that the deputy director “shall- (A) be appointed by the Director; and (B) serve as acting Director in the absence or unavailability of the Director.” But another federal law also addresses.Such is particularly the case if the Fed signals its "rate cut" may be "one and done" for the time being. But for now, we are.
In January, the Teranet-National Bank national composite house price Index was up 0.5% from the previous month, matching the largest January increases in the 18-year history of the Index, in 2003 and 2010. Prices were up in seven of the 11 metropolitan markets surveyed.
SunTrust earnings rise in first quarter SunTrust (STI) Beats on Q1 Earnings as Expenses Decline. Total revenues (taxable equivalent basis) for the quarter were $2.26 billion, almost stable year over year. However, the figure lagged the Zacks Consensus Estimate of $2.28 billion. Net interest income (FTE basis) increased 4% year over year to $1.46 billion.
1.0% w/w +0.3% m/m +1.2% YoY Real M2 (0.9 – 4.1) Since 2010, both real M1 and. However, in the last two months, leverage has turned up by roughly +0.2 and is near a multi-year high. Up +0.30 to 125.
Rising mortgage rates – 30 year fixed rate mortgages rose from 4% to 4.5% since January – and the rise in home prices are affecting housing affordability. "The west still leads the rise in home prices with Las Vegas displacing Seattle as the market with the fastest price increase. Population and employment growth often drive homes prices.
Mortgage servicers bypass foreclosure delays with more short sales NAR wants mortgage servicers to approve reasonable short sale offers so that homeowners can avoid foreclosure, and minimize the negative impact on families, home values and neighborhoods. nar believes that streamlining the short sale approval process for both primary and secondary lien holders will help close more short sale transactions.The industry is in dire need of appraisers Industry’s recommendations to the government The need to impose import duty on SKD units: Currently, imported SKD units are exempted from any kind of duty and therefore people are importing these in bulk. Chauhan suggests imposing a 10 per cent duty on SKD units as well.
PRESS RELEASE RISE IN HOME PRICES REMAINS STEADY AT 6.4% ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX NEW YORK, JULY 31, 2018 – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.
Home price growth is good for sellers, and since wages have been growing somewhat in the past few years, that indicates a healthy economy with buyers who can continue to afford these homes. Home ownership gets less attainable when wages don’t grow alongside home prices.
1 day ago · Oil Prices Rise Ahead of Likely fed rate cut: 5 Top Picks. MLB industry is expected to post an earnings growth of 5.6% for the next year.. Zacks’ 7 Best Strong Buy Stocks for August,
Mortgage servicing foreclosure review faults subpar regulation In contrast, corporate stock, and all rights associated with it, can be acquired by a creditor through foreclosure. A creditor acquiring. a revenue procedure to address common S corp foot faults”..