Builder stocks hit by May construction-spending decline After trading higher earlier Monday morning, home-builder shares moved into negative territory after a government report estimated U.S. construction spending unexpectedly fell in May.read more...
Kanaan wins tight Argent 300; Patrick ninth (Sports Illustrated) KANSAS CITY, Kansas (AP) -- Defending Indy Racing League champion Tony Kanaan won a late duel with Andretti Green teammate Dan Wheldon to win the Argent Mortgage Indy 300 on
Fifth Third fills opening for chief financial officer After nearly seven months of searching, Fifth Third Bancorp said it has hired a Bank of America executive as its new chief financial officer.read more...
Mortgage rates likely to stay below 7 percent next year (The Sacramento Bee) Mortgage rates are likely to stay below 7 percent through 2007, the economist for federal mortgage giant Freddie Mac said Thursday.read more...
Mortgage lending could halve, warns CML (Guardian Unlimited) Mortgage lending could fall by half this year unless the Bank of England makes more money available to lenders, it was warned today.read more...
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