Why these round homes are resilient to hurricanes
Deltec Homes, an Asheville, North Carolina-based builder of prefabricated, round houses, says its designs can withstand the extreme wind loads associated with a Category 5 hurricane. CEO Meg Gore said the company’s circular footprint and roof system reduce pressure points that can lead to structural
New Home Sales Plunge to 3-Year Lows
New home sales took a notable step back in January, reversing much of the prior month’s strength and highlighting the volatility that often defines this data series. The Census Bureau reported a seasonally adjusted annual rate of 587,000 , down sharply from December’s 712,000 and 11.3% lower than Ja
Reality Check For Refi Demand
NOTE: the rates discussed in this article are from MBA's weekly survey and pertain to last week. This week's rates have already moved significantly higher according to our daily data. Mortgage application activity fell sharply last week as rising rates weighed on demand. The Mortgage Bankers A
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