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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Residential Construction Spending Remains Above Last Year’s Pace
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Residential Construction Spending Remains Above Last Year’s Pace
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Residential Construction Spending Remains Above Last Year’s Pace

The pace of construction on single-family homes by the nation’s home builders remained about the same between March and April but was nearly forty percent higher than a year ago according to the U.S. Census Bureau.

Spending for private residential construction was at a seasonally adjusted annual rate of $301.9 billion in April, down 0.1 percent from a revised estimate of $302.2 billion in March.

Total monthly spending by builders for both residential and non-residential private construction was at a seasonally adjusted annual rate of $602.0 billion, up 1.0 percent from the revised estimate of $595.9 billion in March.

Builders spent 18.8 percent more on private residential construction in April than they did a year ago when $254.1 billion was allocated, while the total amount builders spent for all private construction was 9.0 percent higher than the $552.3 billion spent in April of last year.

Construction spending for new private single-family homes increased 1.4 percent from March to April with builders spending a seasonally adjusted $165.8 billion in April compared to $163.4 billion in March.

Single-family home construction spending was 38.6 percent higher than in April of 2012, when builders spent $119.6 billion on building new single-family homes.

Multi-family private construction spending was 3.4 percent higher than in March, climbing to a seasonally adjusted annual rate of $29.2 billion. In March, builders spent $28.2 billion on multi-family construction.

Multi-family construction spending was 48.6 percent higher than in April of last year, when builders spent a seasonally adjusted $19.6 billion on multi-family dwellings.

The remainder of the private residential construction spending in April, $106.9 billion, was money spent for any type of construction to an existing structure ranging from remodeling to additions to swimming pools to replacement of major systems such as HVAC systems. This was slightly less the $110.6 billion spent in March and down from the $114.9 billion spent in April of 2012.

Tags: residential construction spending, single-family homes, multi-family dwellings, seasonally adjusted annual rate, remodeling, additions

Source:
Census Bureau

Reported by Shirley Allen

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

The pace of construction on single-family homes by the nation’s home builders remained about the same between March and April but was nearly forty percent higher than a year ago according to the U.S. Census Bureau.

Spending for private residential construction was at a seasonally adjusted annual rate of $301.9 billion in April, down 0.1 percent from a revised estimate of $302.2 billion in March.

Total monthly spending by builders for both residential and non-residential private construction was at a seasonally adjusted annual rate of $602.0 billion, up 1.0 percent from the revised estimate of $595.9 billion in March.

Builders spent 18.8 percent more on private residential construction in April than they did a year ago when $254.1 billion was allocated, while the total amount builders spent for all private construction was 9.0 percent higher than the $552.3 billion spent in April of last year.

Construction spending for new private single-family homes increased 1.4 percent from March to April with builders spending a seasonally adjusted $165.8 billion in April compared to $163.4 billion in March.

Single-family home construction spending was 38.6 percent higher than in April of 2012, when builders spent $119.6 billion on building new single-family homes.

Multi-family private construction spending was 3.4 percent higher than in March, climbing to a seasonally adjusted annual rate of $29.2 billion. In March, builders spent $28.2 billion on multi-family construction.

Multi-family construction spending was 48.6 percent higher than in April of last year, when builders spent a seasonally adjusted $19.6 billion on multi-family dwellings.

The remainder of the private residential construction spending in April, $106.9 billion, was money spent for any type of construction to an existing structure ranging from remodeling to additions to swimming pools to replacement of major systems such as HVAC systems. This was slightly less the $110.6 billion spent in March and down from the $114.9 billion spent in April of 2012.

Tags: residential construction spending, single-family homes, multi-family dwellings, seasonally adjusted annual rate, remodeling, additions

Source:
Census Bureau

Reported by Shirley Allen

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

The pace of construction on single-family homes by the nation’s home builders remained about the same between March and April but was nearly forty percent higher than a year ago according to the U.S. Census Bureau.

Spending for private residential construction was at a seasonally adjusted annual rate of $301.9 billion in April, down 0.1 percent from a revised estimate of $302.2 billion in March.

Total monthly spending by builders for both residential and non-residential private construction was at a seasonally adjusted annual rate of $602.0 billion, up 1.0 percent from the revised estimate of $595.9 billion in March.

Builders spent 18.8 percent more on private residential construction in April than they did a year ago when $254.1 billion was allocated, while the total amount builders spent for all private construction was 9.0 percent higher than the $552.3 billion spent in April of last year.

Construction spending for new private single-family homes increased 1.4 percent from March to April with builders spending a seasonally adjusted $165.8 billion in April compared to $163.4 billion in March.

Single-family home construction spending was 38.6 percent higher than in April of 2012, when builders spent $119.6 billion on building new single-family homes.

Multi-family private construction spending was 3.4 percent higher than in March, climbing to a seasonally adjusted annual rate of $29.2 billion. In March, builders spent $28.2 billion on multi-family construction.

Multi-family construction spending was 48.6 percent higher than in April of last year, when builders spent a seasonally adjusted $19.6 billion on multi-family dwellings.

The remainder of the private residential construction spending in April, $106.9 billion, was money spent for any type of construction to an existing structure ranging from remodeling to additions to swimming pools to replacement of major systems such as HVAC systems. This was slightly less the $110.6 billion spent in March and down from the $114.9 billion spent in April of 2012.

Tags: residential construction spending, single-family homes, multi-family dwellings, seasonally adjusted annual rate, remodeling, additions

Source:
Census Bureau

Reported by Shirley Allen

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

LoanRateUpdate

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