New home construction down in May "The downward trend remains firmly in place and there is no prospect of any near-term relief, given the huge inventory overhang in the new home market" Construction of new
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Temple Inland's annual net income up 10 percent Temple-Inland Inc. 's net income and revenue both rose slightly in 2005. For the year, net income was $176 million, or $1.54 per share, up 10 percent compared to 2004's
Dollar stays at 114 yen level in Tokyo on mortgage woes ahead of FOMC (Kyodo via Yahoo! Asia News) _ The U.S. dollar mostly stayed in 114 yen territory Tuesday in Tokyo, under pressure amid spreading concerns about mortgage woes and due to risk reduction by investors ahead
Market fears push mortgage rates up (Detroit Free Press) WASHINGTON -- Mortgage rates resumed rising this week as financial markets became more convinced the Federal Reserve will boost interest rates again. Freddie Mac, the mortgage company, reported Thursday that
Royal Bank cuts residential mortgage rates by up to a fifth of a point - Royal Bank of Canada (TSX:RY) has cut residential mortgage rates by up to a fifth of a point, effective Friday.The changes, announced Friday, mean a three-year closed house
The Catasauqua Area School Board on Thursday voted to begin steps to refinance more than $37 million in bonds.
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