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Stocks in U.S. Decline, Slowing Fourth-Quarter Rally; Bank Shares Fall  U.S. stocks declined, led by financial shares including Bank of America Corp. amid concern that a fourth-quarter rally may have gone too far given the outlook for higher interest rates.read


Lawsuit: Mortgage company avoided deed (The Cincinnati Enquirer)  A Florida-based mortgage company deliberately failed to record a deed on a College Hill home it took by foreclosure because it didn't want to take responsibility for maintaining it, the


Cost of construction materials drops slightly  The cost of construction materials fell slightly in November, but don't expect that to continue, Ken Simonson, chief economist for the Associated General Contractors of America, said today.Commentread more...


Nigeria: FG Floats N100bn Mortgage Bond * for Civil Servants (AllAfrica.com)  THE Federal Government is floating a N100 billion mortgage bond to finance mortgages for civil servants participating in the sale of government houses in the Federal Capital Territory (FCT).read more...


Lawyer to file suit in house explosion  Lawyer to file suit in house explosion Chemung County, village of Horseheads, NYSEG to be named in court, Reed says.read more...


Handy reverse mortgage book reveals consumer choices  Author answers most basic questions effectively If you or your parents are a senior citizen homeowner over 62, "Pocket Idiot's Guide to Reverse Mortgages" by Jennifer A. Pokorney should be

December 28th, 2006

Existing home sales, consumer confidence up

U.S. existing home sales rose in November for a second straight month and consumer confidence hit an eight-month high in December, according to reports on Thursday showing the economy ending the year on a solid …
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