Mortgage crisis to cost Nashville economy nearly $1 billion, report says (The Tennessean)
Rising home prices had fueled consumer spending, which drove economic growth, the mortgage crisis report states.
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First-time home buyers almost extinct Anyone looking for an endangered species to protect should consider the vanishing California First-Time Home Buyer.read more...
The yield-curve storm Banks find themselves between a rock and a hard place in 2006. That's because for the first time in more than five years, interest rates on short-term Treasury securities surpassed
Fannie, Freddie tighten policies on subprime mortgages "These actions reinforce the necessity for safe and sound underwriting practices, which serve the interests of lenders and borrowers in promoting sustained homeownership" Fannie, Freddie tighten policies on subprime
Home Sales Dropped in July read more...
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Housing starts down marginally in May Housing starts down marginally in May OTTAWA, June 8 /CNW Telbec/ - The seasonally adjusted annual rate of housing starts was 216,800 units in May, down marginally from 217,900 units