The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3 percent last week, up from 2.49 percent a year ago, according to new data released by the US Census Bureau on Wednesday.
Source: Inman News
Construction starts dip as mortgage rates surged in April
Published in census bureau, construction, George Ratiu, housing starts, interest rates, Markets & Economy and realtor.com
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