Stocks Downed by Housing Data
Stocks finished lower Wednesday as a soft report on existing-home sales raised concerns that the economy might be more in danger of being derailed by a slowdown than by inflation.
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Energy wasters are near the top of today's homeowners' hit list After years of dwelling on design issues during the new home building boom, high home fuel prices have us looking for some big-ticket ways to save energy.Commentread more...
House prices inch up in June, says Halifax In the latest evidence of stalling home prices amid a slip in consumer confidence and evidence of an economic slowdown, the Halifax said house prices have been "static" for the
Housing market picking up steam "You have to put on your best face" In the United States, the housing market is still locked in a slump that began a year ago. via NewsTimesLive.com read
CIT, mortgage companies, debt protection costs fall (Reuters via Yahoo! Asia News) NEW YORK, Aug 22 (Reuters) - The cost to insure the debt of U.S. mortgage lenders and insurers fell on Wednesday with CIT Group's debt protection costs falling 100
FDIC to mortgage servicers: Freeze ARM rates (CNN Money) The heat on U.S. mortgage lenders and servicers was turned up a few degrees this week when the country's chief bank regulator publicly proposed that they permanently freeze interest rates
Postcard from Paris expands firm Greenville- Postcard from Paris continues to strengthen its firm with the hiring of interior designer Stephanie Medlin, bringing the firm's design team to ten. via The Greenville News read