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2. US new home construction surged last month, as mortgage rates ...

   www.aol.com/us-home-construction-surged-last...

   Mortgage applications for a newly constructed home were up a whopping 15.7% in February from a year ago, according to the Mortgage Bankers Association; and up by 1% from January.

3. What are construction loans, and how do they work? - AOL

   www.aol.com/finance/construction-loans-154657152...

   Construction loans are short-term loans that you can use to build a new home. ... Interest rates: Construction loan interest rates are typically higher than traditional mortgage rates. This is ...

4. High mortgage rates are finally hitting new home construction ...

   www.aol.com/finance/high-mortgage-rates-finally...

   This is the biggest one-month drop in new home construction since April 2021, according to U.S. Census Bureau data. ... To combat high mortgage rates and home prices, ...

5. Existing home sales in 2024 hit their lowest level since Val ...

   www.aol.com/finance/existing-home-sales-2024-hit...

   With about 80% of existing home loans carrying rates under 5% as of September 2024, ... All that said, new construction can be part of the solution, if it’s available and affordable in your ...

6. New home construction slowed at the end of 2023 - AOL

   www.aol.com/home-construction-slowed-end-2023...

   New construction home completions were at a seasonally adjusted annualized rate of 1.574 million, which is 8.7% above November and 13.2% above the completions a year ago.

7. What is a construction-to-permanent loan? - AOL

   www.aol.com/finance/construction-permanent-loan...

   A construction-to-permanent loan — also known as a one-time, single-close or construction-perm loan — is a type of mortgage for those building a home. It funds the purchase of land and the ...