Pending Sales Index Slides
Pending home sales, the leading indicator for the housing sector, are continuing to ease, according to the National Association of Realtors .
read more…
Smith, Top Bond Forecaster, Says Treasury Yields Signal a 2007 Recession Jan. 2 -- The U.S. bond market's most accurate forecaster, who plies his trade 500 miles from Wall Street, says yields are sending ominous signs about the economy.read more...
Traders betting on home price declines "This time, we're in a bigger boom, and we face the possibility of a bigger decline" U.S. home prices have fallen further since mid-2006 than during the 1990-91 recession
Mortgage Fees Up 22% (Ananova) Mortgage application fees have soared by up to 22% during the past year.read more...
Linda Chavez: We all deserve blame in economic crisis No one wants to talk about who is most to blame for the financial crisis that now threatens the U.S. economy.read more...
Best deal on home may roll off an assembly line With the cost of homeownership spiraling out of the reach of many working Americans, experts say manufactured homes, which cost up to 35 percent less per square foot to build,
Brown unveils cheap mortgage plan (BBC News) Struggling first-time home buyers could gain cheap mortgages funded by public money, Gordon Brown says.via