More residential construction workers are staying home

More residential construction workers are staying home

Workers at a Bozzuto multifamily job site in Chevy Chase, MD. Diana Olick | CNBC Construction has been deemed essential by the federal government, but a growing number of residential construction workers are pulling back, worried about catching the coronavirus. While overall construction employment fell in March, according to the Bureau of Labor Statistics, residential […]

Weekly mortgage applications tank 29% as coronavirus stops homebuyers

Mortgage bankers double their 2020 refinance forecast

A woman looks at real estate listings outside a Berkshire Hathaway Home Services office in Montclair, N.J.Adam Jeffery | CNBCRock-bottom mortgage rates are causing a surge in mortgage refinances, so much so that the industry’s largest trade group is revising...