House Passes TRIA Reauthorization; Senate Banking Committee Votes Today
The House yesterday passed legislation reauthorizing the Terrorism Risk Insurance Act for seven years. The Senate Banking Committee is expected to take up a companion bill this morning.
Mortgage Applications Decrease in MBA Weekly Survey
Mortgage applications fell from one week earlier even as key interest rates dipped back below 4 percent, the Mortgage Bankers Association reported this week in its Weekly Mortgage Applications Survey for the week ending November 15.
October Housing Starts: Slow and Steady Wins the Month
October housing starts rose by nearly 4 percent, HUD and the Census Bureau reported yesterday, a welcome signal that momentum appears to be rising among home buyers and home builders.