New-Home Sales Rose in August Defying Wall Street Expectations
There was an increase of 4.1%, while July’s figure was revised downward. The median home price dropped. Easing housing prices may have been behind the jump in sales.
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Mortgage Lender Recovery May Not Last (AP via Yahoo! Finance) In the months since its subprime slump triggered a downturn in the broader markets, the mortgage lending industry has retraced lost ground at a steady clip.read more...
Nationwide mortgage loans up 92.7% (Channel 4) Nationwide, the UK's largest building society, has posted a 92.7% rise in net annual mortgage lending to £10.6 billion, but said the recent spate of interest rises had started to
Royal Bank of Scotland sees meeting 2005 forecast Europe's second-largest bank, The Royal Bank of Scotland, on Thursday said its 2005 profit would meet market expectations, but shares declined as the prediction compared negatively with those of rival
President's Radio Address Crawford, Texas The following is text of the President's radio address to the nation, August 6, 2005.read more...
Home Depot supply unit sale faces issues: report Three private-equity bidding groups are still in contention for the business, which sells building materials, waste water and utility products to municipalities and contractors, but a fourth dropped out,
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