U.S. Stocks Climb for Fifth Day as Release of Fed Minutes Triggers Rally
Evidence that the Federal Reserve may soon stop raising interest rates triggered an afternoon rally in U.S. stocks.
read more…
Multifamily houses more popular among first-time homebuyers When Naama Gidron and her husband, Peter Wuhrl, decided to buy their first home in Providence last year, they started out by scouring the area for a single-family houses.via
When Home Builders Hit the Skids Consumers Deal with Uncertainties The tumbling housing market is claiming a new class of victim: customers of insolvent home builders. Buyers may lose their deposit, wait over a year for their house or move
Gulf Coast's home boom Six months after Katrina, residents are rebuilding in earnest. Major US companies and architects are jumping in, too.read more...
AmBank to double mortgage loans (The Star Online) AMBANK (M) Bhd is planning to double its share in the mortgage business from the current 7% within the next two years, according to retail banking managing director Azmi Mahmood.read
Inflation jitters prompt mortgage hikes (UPI) Freddie Mac, the U.S. Congress-backed home mortgage corporation, said Thursday U.S. mortgage rates generally went up this week.read more...
Washington Mutual Net Rises as Mortgage Loss Eases (Update1) (Bloomberg.com) July 18 (Bloomberg) -- Washington Mutual Inc., the biggest U.S. savings and loan, said second-quarter profit rose 8.2 percent as losses on mortgage lending narrowed and expenses fell.read more...