Housing affordability hits 22-year low
The dream of owning a home remains a fantasy for an increasing number of Australians – and they will get a good idea this week if home ownership will move even further out of reach.
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Home building hits low levels Housing construction plunged in October as builders slashed activity to the lowest level in more than six years.Commentread more...
Mortgage applications dip last week-MBA (Reuters via Yahoo! News) Applications for U.S. home mortgages decreased last week amid a sharp drop in purchasing and refinancing activity, an industry group said on Wednesday.via
IndyMac stops new mortgage loans, to cut workforce by half (San Jose Mercury News) LOS ANGELES - Mortgage lender IndyMac Bancorp, struggling to raise capital to stay in business, said today it has stopped accepting new loan submissions in its main mortgage lending divisions
Premarket roundup: Anworth Mortgage, Macrovision (AP via Yahoo! Finance) Shares of Anworth Mortgage Asset Corp. climbed in premarket trading Thursday after an analyst upgraded shares of the real estate investment trust, citing its better-than-expected first-quarter profit.read more...
Scandinavia Rocks his World Chicago antiques dealer Andrew Wilder has always marched to a different drummer, but at one point in his life the drumming had a distinct rock beat.read more...
Housing Starts Make Surprising Jump In April Construction of new homes posted the biggest increase in more than two years in April. While it was a rare spot of good news for the housing market, analysts