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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.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Single-Family Housing Starts Decline, Multi-Family Up
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
Single-Family Housing Starts Decline, Multi-Family Up
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
Single-Family Housing Starts Decline, Multi-Family Up

March 21, 2012 (Chris Moore)

Housing starts declined slightly nationwide in February as single-family home starts suffered their first decline in four months while multi-family housing starts remained strong according to the latest data released by the Census Bureau.

Filings for building permits were at their highest level since October of 2008, an indication that builders are showing improved confidence that this may finally be the year that the battered housing market turns around.

Housing Starts:

Privately owned housing starts fell by 1.1 percent to a seasonally adjusted annual rate of 698,000 in February from a revised estimate of 706,000 in January. Housing starts were 34.7 percent higher than in February 2011 which had an estimated 518,000 starts.

Single-family housing starts declined in February to a seasonally adjusted annual rate of 457,000, down 9.9 percent from a revised estimate of 507,000 starts in January, but up 17.8 percent from February of last year which reported an estimated 388,000 starts. It was the first time in four months that single-family housing starts posted a decline.

Housing starts for multi-family dwellings increased 28.7 percent from a revised rate of 181,000 starts in January to a seasonally adjusted rate of 233,000 starts in February. Housing starts for multi-family dwellings were 108.0 percent higher than a year ago when an estimated 112,000 starts were recorded.

Regionally, monthly housing starts increased in two of the four regions with the Midwest posting the largest gain of 3.0 percent, followed by the South at 1.5 percent. The Northeast posted the largest decline of 12.3 percent, while the West posted a decline of 5.9 percent.

Compared to a year ago, all four regions posted an increase in housing starts with the Midwest posting the largest increase of 63.5 percent, followed by the West at 41.1 percent with the South and the Northeast reporting gains of 30.3 and 16.4 percent, respectively.

Building Permits:

The number of building permits issued in February increased to a seasonally adjusted annual rate of 717,000, up 5.1 percent from a revised estimate of 682,000 permits in January. Authorized building permits were 34.3 percent higher than the February 2011 estimate of 534,000.

Single-family building permit authorizations were 4.9 percent higher in February than January with 472,000 permits authorized in February compared to a revised 450,000 in January. Building permit authorizations for single-family homes were 34.3 percent higher than in February of last year which had an estimated 534,000 permits issued.

Multi-family dwelling permits in February increased slightly to 219,000 authorizations from a revised total of 212,000 in January, an increase of 3.3 percent. Authorizations for multi-family dwellings were 59.9 percent higher than in February of last year which had an estimated 137,000 authorizations.

Building permit authorizations increased in three of the four regions in February compared to January. In the Midwest, authorizations increased 14.7 percent closely followed by a 14.3 percent increase in the Northeast while the West recorded an increase of 12.8 percent. In the South, building permit authorizations were 1.9 percent below January’s tally.

Year-over-year, building permit authorizations increased in all four regions with the West posting the largest increase of 45.4 percent, followed by the Northeast which posted a 39.7 percent increase and the Midwest and the South saw gains of 36.0 and 28.8 percent, respectively.

Housing Completions:

Housing completions increased by 6.2 percent in February compared to January with a seasonally adjusted annual rate of 568,000 completions reported in February compared to January’s revised estimate of 535,000 completions. Housing completions were 7.0 percent lower than in February of last year when an estimated 611,000 completions were reported.

Single-family completions in February were at a rate of 421,000, which was 8.2 percent higher than January’s revised rate of 389,000 and 7.0 percent lower than last year’s rate of 482,000. Multi-family completions in February were at a rate of 144,000, 4.3 percent higher than the 138,000 units completed in January and 19.0 percent higher than the 121,000 completions in February of last year.

Tags: housing starts, single-family homes, multi-family dwellings, building permits, housing completions

Source:
Census Bureau

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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
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 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

March 21, 2012 (Chris Moore)

Housing starts declined slightly nationwide in February as single-family home starts suffered their first decline in four months while multi-family housing starts remained strong according to the latest data released by the Census Bureau.

Filings for building permits were at their highest level since October of 2008, an indication that builders are showing improved confidence that this may finally be the year that the battered housing market turns around.

Housing Starts:

Privately owned housing starts fell by 1.1 percent to a seasonally adjusted annual rate of 698,000 in February from a revised estimate of 706,000 in January. Housing starts were 34.7 percent higher than in February 2011 which had an estimated 518,000 starts.

Single-family housing starts declined in February to a seasonally adjusted annual rate of 457,000, down 9.9 percent from a revised estimate of 507,000 starts in January, but up 17.8 percent from February of last year which reported an estimated 388,000 starts. It was the first time in four months that single-family housing starts posted a decline.

Housing starts for multi-family dwellings increased 28.7 percent from a revised rate of 181,000 starts in January to a seasonally adjusted rate of 233,000 starts in February. Housing starts for multi-family dwellings were 108.0 percent higher than a year ago when an estimated 112,000 starts were recorded.

Regionally, monthly housing starts increased in two of the four regions with the Midwest posting the largest gain of 3.0 percent, followed by the South at 1.5 percent. The Northeast posted the largest decline of 12.3 percent, while the West posted a decline of 5.9 percent.

Compared to a year ago, all four regions posted an increase in housing starts with the Midwest posting the largest increase of 63.5 percent, followed by the West at 41.1 percent with the South and the Northeast reporting gains of 30.3 and 16.4 percent, respectively.

Building Permits:

The number of building permits issued in February increased to a seasonally adjusted annual rate of 717,000, up 5.1 percent from a revised estimate of 682,000 permits in January. Authorized building permits were 34.3 percent higher than the February 2011 estimate of 534,000.

Single-family building permit authorizations were 4.9 percent higher in February than January with 472,000 permits authorized in February compared to a revised 450,000 in January. Building permit authorizations for single-family homes were 34.3 percent higher than in February of last year which had an estimated 534,000 permits issued.

Multi-family dwelling permits in February increased slightly to 219,000 authorizations from a revised total of 212,000 in January, an increase of 3.3 percent. Authorizations for multi-family dwellings were 59.9 percent higher than in February of last year which had an estimated 137,000 authorizations.

Building permit authorizations increased in three of the four regions in February compared to January. In the Midwest, authorizations increased 14.7 percent closely followed by a 14.3 percent increase in the Northeast while the West recorded an increase of 12.8 percent. In the South, building permit authorizations were 1.9 percent below January’s tally.

Year-over-year, building permit authorizations increased in all four regions with the West posting the largest increase of 45.4 percent, followed by the Northeast which posted a 39.7 percent increase and the Midwest and the South saw gains of 36.0 and 28.8 percent, respectively.

Housing Completions:

Housing completions increased by 6.2 percent in February compared to January with a seasonally adjusted annual rate of 568,000 completions reported in February compared to January’s revised estimate of 535,000 completions. Housing completions were 7.0 percent lower than in February of last year when an estimated 611,000 completions were reported.

Single-family completions in February were at a rate of 421,000, which was 8.2 percent higher than January’s revised rate of 389,000 and 7.0 percent lower than last year’s rate of 482,000. Multi-family completions in February were at a rate of 144,000, 4.3 percent higher than the 138,000 units completed in January and 19.0 percent higher than the 121,000 completions in February of last year.

Tags: housing starts, single-family homes, multi-family dwellings, building permits, housing completions

Source:
Census Bureau

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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
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 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

March 21, 2012 (Chris Moore)

Housing starts declined slightly nationwide in February as single-family home starts suffered their first decline in four months while multi-family housing starts remained strong according to the latest data released by the Census Bureau.

Filings for building permits were at their highest level since October of 2008, an indication that builders are showing improved confidence that this may finally be the year that the battered housing market turns around.

Housing Starts:

Privately owned housing starts fell by 1.1 percent to a seasonally adjusted annual rate of 698,000 in February from a revised estimate of 706,000 in January. Housing starts were 34.7 percent higher than in February 2011 which had an estimated 518,000 starts.

Single-family housing starts declined in February to a seasonally adjusted annual rate of 457,000, down 9.9 percent from a revised estimate of 507,000 starts in January, but up 17.8 percent from February of last year which reported an estimated 388,000 starts. It was the first time in four months that single-family housing starts posted a decline.

Housing starts for multi-family dwellings increased 28.7 percent from a revised rate of 181,000 starts in January to a seasonally adjusted rate of 233,000 starts in February. Housing starts for multi-family dwellings were 108.0 percent higher than a year ago when an estimated 112,000 starts were recorded.

Regionally, monthly housing starts increased in two of the four regions with the Midwest posting the largest gain of 3.0 percent, followed by the South at 1.5 percent. The Northeast posted the largest decline of 12.3 percent, while the West posted a decline of 5.9 percent.

Compared to a year ago, all four regions posted an increase in housing starts with the Midwest posting the largest increase of 63.5 percent, followed by the West at 41.1 percent with the South and the Northeast reporting gains of 30.3 and 16.4 percent, respectively.

Building Permits:

The number of building permits issued in February increased to a seasonally adjusted annual rate of 717,000, up 5.1 percent from a revised estimate of 682,000 permits in January. Authorized building permits were 34.3 percent higher than the February 2011 estimate of 534,000.

Single-family building permit authorizations were 4.9 percent higher in February than January with 472,000 permits authorized in February compared to a revised 450,000 in January. Building permit authorizations for single-family homes were 34.3 percent higher than in February of last year which had an estimated 534,000 permits issued.

Multi-family dwelling permits in February increased slightly to 219,000 authorizations from a revised total of 212,000 in January, an increase of 3.3 percent. Authorizations for multi-family dwellings were 59.9 percent higher than in February of last year which had an estimated 137,000 authorizations.

Building permit authorizations increased in three of the four regions in February compared to January. In the Midwest, authorizations increased 14.7 percent closely followed by a 14.3 percent increase in the Northeast while the West recorded an increase of 12.8 percent. In the South, building permit authorizations were 1.9 percent below January’s tally.

Year-over-year, building permit authorizations increased in all four regions with the West posting the largest increase of 45.4 percent, followed by the Northeast which posted a 39.7 percent increase and the Midwest and the South saw gains of 36.0 and 28.8 percent, respectively.

Housing Completions:

Housing completions increased by 6.2 percent in February compared to January with a seasonally adjusted annual rate of 568,000 completions reported in February compared to January’s revised estimate of 535,000 completions. Housing completions were 7.0 percent lower than in February of last year when an estimated 611,000 completions were reported.

Single-family completions in February were at a rate of 421,000, which was 8.2 percent higher than January’s revised rate of 389,000 and 7.0 percent lower than last year’s rate of 482,000. Multi-family completions in February were at a rate of 144,000, 4.3 percent higher than the 138,000 units completed in January and 19.0 percent higher than the 121,000 completions in February of last year.

Tags: housing starts, single-family homes, multi-family dwellings, building permits, housing completions

Source:
Census Bureau

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
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 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