Builders Look for Housing To Recover in 2007 Home buyers have been backing out of sales contracts and forfeiting their down payments. Yet, cancellation rates should steady in the first quarter and taper off later in 2007, the
Home building beats forecasts; Wholesale inflation drops, but not out 'of inflation woods' U.S. builders broke ground on more homes than expected in November, while wholesale inflation -- led by falling energy prices -- took the biggest plunge in more than two years,
ANZ: mortgage rates may rise if squeeze persists (Reuters via Yahoo! Asia News) MELBOURNE, Sept 11 (Reuters) - Australia and New Zealand Banking Group Ltd , Australia's third-biggest lender, said on Tuesday it may have to raise mortgage rates if the higher
Court grants injunction to traders on allocation of stores A Kumasi High Court has granted an interim injunction restraining the Kumasi Metropolitan Assembly and the former Metropolitan Chief Executive, Mr Maxwell Kofi Jumah from allocating stores constructed on the
Realtors' ads urge buyers to act In an effort to goose slumping home sales, the National Association of Realtors today launched an ad campaign urging buyers to get off the fence.Commentread more...
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In a Sept. 8 story about the state Division of Banking ordering 11 mortgage firms to stop doing business, The Associated Press reported erroneously that an investigation had found evidence all 11 firms steered prospective home buyers into mortgages they couldn’t afford.
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