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Author Archives: Staff Report

Mortgage rates continue to move up  (access required)

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.66 percent.  “The market’s renewed perception of a more aggressive monetary policy stance has driven mortgage rates up to almost double what ...

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Construction workforce shortages risk undermining infrastructure projects as most contractors struggle to fill open positions  (access required)

Construction workforce shortages are affecting nearly all construction firms, undermining the industry’s ability to complete projects on time and on schedule and threatening the success of new federal investments in infrastructure and manufacturing, according to the results of a workforce survey conducted ...

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Mortgage rates increase  (access required)

Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.55 percent.   “The combination of higher mortgage rates and the slowdown in economic growth is weighing on the housing market,” ...

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