Lowe’s reports 3Q profit increase
Lowe’s Cos. reported a profit increase of nearly 11 percent Monday for the third quarter, and warned its fourth-quarter results would be weaker than expected.
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Home Builders Say Remodeling Activity Slowed in 2nd Quarter With the U.S. Department of Commerce report showing existing-home sales in the second-quarter fell 2.5% and Lowe's Cos.read more...
Agency Reports U.S. Home Prices Up 12 Percent WASHINGTON, D.C. Average U.S. home prices jumped 12.02 percent from the third quarter of 2004 to the same period this year, a slowing from the record pace of the previous
Stocks Down On Mortgage, Oil Woes (NPR) The Dow has fallen a little more than 1 percent on Friday. The main reasons for the decline are fears over the future of mortgage giants Fannie Mae and Freddie
Bush Prods Congress On Mortgage Giants (CBS News) President Bush is calling on Congress to move quickly to put into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac and lift a ban
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Quick hits: Mortgage rates (Detroit News) Rates on 30-year mortgages fell for a second straight week last week to the lowest since early January. Mortgage giant Freddie Mac reported that 30-year, fixed-rate mortgages averaged 6.18 percent