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Home construction rate falls  By Victor Epstein Bloomberg News Published April 18, 2006, 1:22 PM CDT U.S. builders started work on the fewest houses in a year in March as rising mortgage rates and


Ohio Considers Pet Warranty Bill  Ohio legislators are considering a bill that, if enacted, would make pet stores selling dogs liable for certain defects in the animals until they are 15 months old.via


Fed chief Bernanke outlines steps to protect Americans from abusive mortgage lending (International Herald Tribune)  Federal Reserve Chairman Ben Bernanke said he is committed to providing more effective protective measures against abusive mortgage practices, addressing lawmakers' criticisms that the Fed and other regulators only practice


US mortgage crisis may cost $US945bn (Adelaide Now)  THE International Monetary Fund said today the worldwide losses stemming from the US subprime mortgage crisis could hit $US945 billion ($1.02 trillion) as the impact spreads in the global economy.read


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


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December 22nd, 2005

High Prices ‘Main Reason’ Market Is Cooling

The Wall Street Journal reports on the nationwide housing bubble. “Soaring house prices and higher mortgage rates have put homeownership out of reach for more people than at any time in more than a decade.

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