Housing and the Economy: The good, the bad and the ugly
JOURNAL The housing market has historically played an important role in the business cycle.
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In slumping house market, creative thinking required After having her home on the market for nearly a year -- with about 30 showings, multiple price drops, and only one not-so-tempting offer -- Phyllis Troia decided to try
Washington Area Real Estate Trends read more...
Subprime Mortgage Index Tumbles an Eighth Day, Derivatives Show (Bloomberg.com) Feb. 27 (Bloomberg) -- The perceived risk of owning low- rated subprime mortgage bonds jumped to a record for an eighth straight day, according to an index of credit-default swaps
Countrywide Sept. Mortgage Fundings Drop (Washington Post) NEW YORK -- Countrywide Financial Corp. said Thursday its mortgage fundings for September fell 44 percent from the same period a year ago, and the mortgage lender is now facing
Mortgage market shrinks as 500 deals are withdrawn (Guardian Unlimited) Around 500 mortgage products have been scrapped since the start of the week, says Moneyfactsread more...
Want to save money? Don't shop A group of friends in San Francisco wanted to reduce waste. They got more than they bargained for.read more...