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Keeping Families Above Water The latest flash point in the debate over the nation's bursting housing bubble is this: Since so many American houses are worth less than their mortgages, should the government do
Coalition ducks all the tough tasks OUR great country is about to enter the second decade of conservative rule. History will mark 1996 to 2006 as the Liberal-National Government's decade of deception.via
Inflation data point to steady rates A surprise jump in consumer price inflation in July means the Reserve Bank will probably not cut interest rates again this year, economists say.read more...
Sales of New and Existing Homes Will Continue Their Slide in 2007 Existing-home sales will fall 8.1% this year while new-home sales will drop 7.1%, Fannie Mae says. The declines are largely due to investors pulling out of the housing market, the
Two more locals indicted for mortgage fraud Two former employees at a Bellevue mortgage company have been indicted on fraud charges for allegedly using straw buyers to purchase dozens of homes at inflated prices and siphoning off
Housing Starts Suffer Another Decline (Reg Req'd) Home construction fell for the fourth time in six months during March in another sign builders are pulling back as mortgage rates climb and sales soften.read more...