Dow Closes Lower on Weak Housing Data
Wall Street pulled back Thursday after new signs of weakness in the housing market prompted investors to look past a rebound in major retailers’ sales figures.
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30-Year Rates Up After Month of Drops Rates on 30-year mortgages rose for the first time this year after four straight weekly declines.read more...
New home building plummets Construction of new homes in southeast Michigan -- which reached record levels just two years ago -- fell dramatically in 2006 in the face of harsh economic conditions.Commentread more...
Home Builders Hammered by Housing Slump SYNOPSIS : As the stock market jumps to new highs, the nation's housing industry is not sharing in the excitement. via ABC News read more...
BMW shifts to top gear for home-loan market While some of its models might cost as much as a small house, BMW has come up with a new scheme that should allow the typical BMW driver to have
Mortgage muddle (Dallas Morning News) Angelo Mozilo has been in the mortgage business for more than 50 years. His Countrywide Financial Corp. ? the nation's biggest home lender ? will make more than $330 billion
Luring homebuyers with 'sale' prices Bait-and-switch deals on new houses reflect desperate times for builders, says the Real Estate Adviser.read more...