New Home Construction Unchanged in June
Construction of new homes and apartments showed no change in June following a decline the month before, a possible sign that the red-hot housing market is starting to cool off.
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Homes move further out of reach A San Joaquin County family with an annual household income of $90,000 could have afforded to buy a median-priced home tagged at $388,000 in June but would have needed a
Mortgage giant rescue could cost $25b (San Francisco Chronicle) Congress' top budget analyst says a federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion. But Peter R. Orszag, director
Davenport's New Community is Gated ABD Development Co.'s Heritage Green at Providence is a community for those who enjoy a country club setting.The gated community will bring in 171 single-family homes, most of them having
Investors await return of 30-year Treasury bonds AFTER a 31/2-year hiatus, the Treasury Department is considering reissuing 30-year bonds to help finance the federal government's budget deficits.via
Post-Katrina Mortgage Calculations (TheStreet.com) The hurricane's aftermath has implications for housing far away from the storm's devastation.read more...
Mortgage rates dip, still high Aug. 21 - U.S. mortgage rates fell last week, but rates remain high as lenders price in higher premiums for potential delinquencies and defaults Heinz results showed global consumer appetite