Housing starts rose 5.7% in April, picking up momentum after slowing growth over the past few months. Building permits also rose, another good sign.
Author: YAN ZHANG, USA TODAY
China’s state party posts defiant message about trade war with U.S. on social media site
The Chinese government posted a defiant message about its trade war with the U.S. on social media. “Bully us, wishful thinking!” it said in part.
Mortgage applications rise after several weeks of declines
Weekly mortgage applications rise 2.7% after several weeks of declining, with mortgage rate mostly unchanged.
Sears expands DieHard brand to lawn and garden tools after surviving bankruptcy
Sears plans to expand its DieHard battery brand as the retailer seeks to regain momentum after survivingChapter 11 bankruptcy.
Why lower rates didn’t attract more homebuyers to the housing market last week
Mortgage applications fell 4.3% despite a drop in 30-year fixed mortgage rates to 4.42% last week.
Mortgage applications fall as higher rates chill buyers
Mortgage applications decreased 7.3% last week. The 30-year fixed mortgage rate is at its highest level in over a month, discouraging some home buyers