Mortgage Rates Only Modestly Higher Despite Bond Market Losses
Residential construction was mixed in August as housing starts recovered in the single-family sector, while building permits declined from July levels and completions fell sharply. The latest Census Bureau data points to continued unevenness in residential construction, with builders pulling back somewhat on new authorizations even as single-family construction picked up.
Privately owned housing starts fell 2.6% to a seasonally adjusted annual rate of 1.275 million , down 1.2% from the August 2025 pace. Single-family starts, however, increased 7.6% to 918k , while starts for buildings containing five units or more fell to 344k .
Building permits moved in the opposite direction, declining 2.7% from July to an annual rate of 1.394 million , though they remained 3.5% abovCategories
Recent Posts
Disaster unemployment aid available after Hurricane Isaias
Mortgage Rates Hold Steady at Recent Lows
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
AI Can Speed Up Work But Still Needs Your Review
Rates dip to lowest level in more than a month
Florida’s business growth broadens economic base
Federal disaster declared for Isaias as insured losses grow
Rates Dip to New Multi-Week Lows
Florida CEOs upbeat about economy, hiring outlook tops nation
Fed keeps rates unchanged, gives little signal of next move
