The 15-year fixed-rate mortgage averages 5.85%, higher than last week.
Krediler
98% of term loan lenders and 96% of unsecured noteholders support restructuring with new first-out loans.
The 15-year fixed rate also ticks down, averaging 5.71%.
The weekly survey also shows the 15-year fixed rate averages 5.58%.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
The 15-year fixed rate also moved lower, and both benchmark rates stayed below their year-earlier levels.
Timber Production Expansion Guaranteed Loan Program funding will support sawmill reopening, acquisitions, and processing upgrades in California, Idaho, Kansas, Louisiana, Maine, Oklahoma, Virginia, and Wisconsin.
Wood-based panels producer to install solar PV systems across Poland, Czech Republic and Slovakia sites.
BDC financing features interest-only payments until 2028 as Mackenzie sawmill resumes two-shift operations.
The 15-year fixed rate averages 5.43% as both terms remain below year-ago levels.
At a median home price of $413,595 and a 30-year mortgage rate of 6%, 88.2 million households are priced out, and a $1,000 increase prices out 156,405 more.
Amendment allows up to $120 million in enterprise zone credits and extends zone duration to 20 years for one aviation biofuel manufacturer.
Homebuilder reports 5% revenue decline and narrower margins as affordability improves but confidence lags.
Funding aims to bolster liquidity amid ongoing North American lumber market volatility.
The order directs Federal agencies to block Wall Street purchases of single-family homes, defines investor categories within 30 days, and requires $200 billion in mortgage-backed security purchases to lower rates.
Eight in 10 Americans say affordable housing is difficult to find, poll shows.
Leader of Russia’s largest forest industry company warns of a coming wave of bankruptcies.
New five-year revolving facility refinances two previous agreements totaling Euro 1.75 billion.
First transaction of this type provides nearly six-year average maturity, with gearing at 38% below target.