Housing starts fall to lowest point since 2020, led by a stall in the Sun Belt
Residential construction fell to its lowest point since May 2020, according to an October U.S. Census Bureau report that was delayed by last year’s government shutdown. Widening air pockets of demand over the past year led to an overbuild of speculative homebuilder inventory in — formerly booming —
Mortgage rates drop below 6% following Trump’s MBS announcement
It finally happened today: We got mortgage rates under 6% for a short time. Can we get some traction for that level? Well, one aspect of the mortgage-rate story really improved today; we had a monster day in mortgage spreads, improving overnight to push rates down over 20 basis points without much h
Plane overshoots runway while landing at Beaufort County airport; no injuries reported
BEAUFORT COUNTY, S.C. (WTOC) - A light-engine aircraft overshot the runway while landing at Beaufort County Executive Airport on Friday afternoon, county officials say. The incident occurred at approximately 4:30 p.m. Authorities emphasized that calling the event a “crash” would be a stretch. No inj
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