Housing Sector Drop Hits US Indexes
United States stocks fell on Thursday as concern about the extent of the housing market’s slowdown unleashed a sell-off in shares of mortgage lenders and big banks.
Comment
read more…
Housing Loan Rates Declining The borrowing rates for housing loans extended by banks to homeowners are expected to move downward slightly as money market rates fall on expectations that the central bank will move
What to do with kids' savings bonds The bonds should have years to go before they mature, says Dr. Don.read more...
Get to Know Our Hosts Carter Oosterhouse is a man on a mission in his HGTV series, Carter Can . Carter comes to the rescue for homeowners who think that their home improvement project
Mortgage rate rises gathering pace (Liverpool Echo) Mortgage rates have increased during the past week despite moves by the Bank of England to ease the problems in the money markets, figures show.read more...
Ultra-low Fed rates stoked housing boom: Taylor "A higher federal funds path would have avoided much of the housing boom" In rare public criticism of Alan Greenspan, former U.S. Undersecretary for International Affairs John Taylor said
IndyMac ties its profit warning to housing slowdown IndyMac Bancorp Inc. shares fell nearly 8% at one point Tuesday as the mortgage lender said the U.S. housing slowdown will cause a big fourth-quarter earnings shortfall.Commentread more...