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Banks to get millions for storm rebuilding loans  Corporations will deposit millions of dollars in small banks along the Gulf Coast, under a plan by a company that services community banks.Commentread more...


Credit Suisse's Dougan Says Mortgage Turmoil May Last (Update2) (Bloomberg.com)  Oct. 3 (Bloomberg) -- Credit Suisse Group Chief Executive Officer Brady Dougan said the market for mortgage credit will be ``problematic'' for as long as 18 months.read more...


Royal Bank trims mortgage rates (CBC News)  In another sign that debt markets are relaxed about the danger of inflation, Canada's biggest bank is leading the way to a small cut in mortgage rates.via


New home construction slows in February  New home construction in Greater Milwaukee for February declined 7.4% from a year ago, according to data released Thursday, continuing what housing experts say is a return to normal market


Consumer Spending Is Sluggish in June   Consumer spending was weak for a fourth straight month in June as rising gasoline prices left Americans with little to spend on other items.read more...


Is Your Earnest Money Protected By The Finance Contingency?  While the purpose of the Finance Contingency is to protect the buyer in the event they are not able to obtain a mortgage, more and more the buyer is not

November 10th, 2005

Toll Brothers Cuts 2006 Sales Forecast

Toll Brothers Inc., the nation’s largest builder of luxury homes, yesterday lowered its forecast for 2006 home sales, partially because of softening demand, the latest sign that a shift may be underway in the nation’s home-sales market.

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