Thursday, March 24, 2011. Rate on 30-year fixed mortgage rises to 4. Fixed mortgage rates edged up this week, but even 30-year rates below 5 percent have done little to boost home sales. Wednesday, March 23, 2011. New-home sales plunged in February to record low. Sales of new homes plunged in February to T. Slowest pace on records dating back nearly half a century, a dismal sign for an already-weak housing market.

Wednesday, March 16, 2011. New-home construction plunges in February. Builders broke ground last month on the fewest homes in nearly two years and cut their requests for permits to start new projects to a five-decade low. The decline in construction activity is the latest evidence that the housing industry is years away from a recovery. Building permits, an indicator of future construction, fell 8. 1 percent last month to the lowest level on rec.

Serving Yarrow Point, Hunts Point and evergreen Point Neighborhoods. New-home construction plunges in February. Builders broke ground last month on the fewest homes in nearly two years and cut their requests for permits to start new projects to a five-decade low. The decline in construction activity is the latest evidence that the housing industry is years away from a recovery. Building permits, an indicator of future construction, fell 8.

Wednesday, March 16, 2011. New-home construction plunges in February. Builders broke ground last month on the fewest homes in nearly two years and cut their requests for permits to start new projects to a five-decade low. The decline in construction activity is the latest evidence that the housing industry is years away from a recovery. Building permits, an indicator of future construction, fell 8. 1 percent last month to the lowest level on records dating back to 1960.