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Assuredness in Today’s Global Surety Market

Construction Business Owner

Mon, 09/27/2021 - 08:00. In 2020, there was some tightening of surety credit for certain sectors, but generally speaking, the premier contractors had no issues securing bonds and that trend is expected to continue and the surety and finance industry is forecasted to be robust for the remainder of 2021 and into 2022.

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Mortgage Rates Expected to Rise Into the New Year

Pro Builder

Mon, 11/29/2021 - 10:07. Forecasters anticipate an upward trend for mortgages in the final weeks of 2021. Mortgage rates will likely rise throughout December with a steep increase at the end of the month as bond traders sell their mortgage-backed securities before Christmas, reports NerdWallet. Financing.

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Fire safety provisions push Durkan to £9.3m loss

Construction Enquirer

Group turnover of £132m (2021:£137.5m) fell short of initial forecasts for the year with delays to project start dates due to cost inflation pressures and programme movements. The strategy has not adversely impacted orders so far with work secured or at bidder stage totalling £385m.

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Federal Reserve Will Not Taper Monthly Bond Purchases Just Yet

Pro Builder

Thu, 07/29/2021 - 10:35. The National Association of Home Builders expects the Federal Reserve to announce a tapering of bond purchases before the end of 2021, but the department showed no signs of tapering in their latest meeting. The purchases of Treasury and mortgage-backed securities are more than $100 billion a month.

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Housing Prices Threaten the Federal Reserve's Inflation Outlook

Pro Builder

Tue, 08/10/2021 - 09:28. Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected. Housing Prices Threaten the Federal Reserve's Inflation Outlook. cbroderick.

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

Data center investments in the APAC region increased 35% in 2021. There are more than 250 data center projects in APAC in 2021 that are expected to be operational by 2024. In 2021, it was forecasted that spending on APAC smart cities would amount to US$45.3 This increased to 43% in 2021. [ Global Newswire ].

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Tech Tools for Builders: Mobile Apps

Pro Builder

Wed, 01/06/2021 - 15:02. . SmartBid’s SmartBidNet iPhone app allows you to create and track the bid process in a secure, reliable environment. Tech Tools for Builders: Mobile Apps. Virtual level. The VirLaser Level app (shown, above) uses your iPhone’s camera to determine whether an object or material application is level.

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