Higher rents driving rise in core CPI
Beneath the surface of the rise in core consumer prices in the last two months is a disturbing trend – the slowing housing market is pushing rent prices higher, economists said.
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Westpac Banking's First-Half Profit Rises to a Record on Business Lending Westpac Banking Corp., Australia's fourth-largest bank, said first-half profit rose 8 percent to a record after it increased loans to companies as the nation's exports surged.via
Criminal Probe of Freddie Mac Ends Mortgage finance giant Freddie Mac will not face criminal charges in connection with its multibillion-dollar accounting scandal, the company said Tuesday.read more...
Nine mortgage lenders agree to compact to slow foreclosures (Akron Beacon Journal) COLUMBUS: Nine mortgage lenders have agreed to a compact proposed by Gov. Ted Strickland that is designed to keep more struggling homeowners in their homes.read more...
Credit growth at lowest since July 2005 Credit growth in the private sector eased to its lowest level in 15 months during October as interest rate hikes took effect, the latest statistics from the Central Bank showed
Growth of private lending drops to 29pc Growth in loans to the private sector eased in November for the first time in five months, the Central Bank says.read more...
Investing KB Home , the California-based, overnight-neighborhood homebuilder, reported earnings after the market's close yesterday, blowing past the consensus estimate of $1.78 by delivering $2.06 per stub on quarterly ...via