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Steven Preston Confirmed as New HUD Secretary  Steven Preston, a former executive with Service Master, was confirmed as head of the Housing and Urban Development Department.read more...


Bathroom Remodeling  Bathroom Remodeling is a home improvement workshop with step-by-step instructions to show viewers how to remodel a bathroom.read more...


Punta Gorda may set fines for errant builders  Builders still on the city's hit list could face hefty fines under an ordinance the City Council will consider Wednesday.read more...


U.S. Probes Mortgage Prices Charged to Minority Borrowers  Several lenders are being investigated by the Justice Department over suspicions they charged African-American and Hispanic consumers higher loan rates than comparable white borrowers. read more...


Will it kill my credit rating if I miss making a mortgage payment? (The Indianapolis Star)  It's unanimous. Our panel of experts from the Financial Planning Association of Greater Indiana says: Pay your mortgage. Pay your mortgage. Pay your mortgage! Do what it takes to stay


Ease mortgage in retirement (The Myrtle Beach Sun News)  It's an increasingly common dilemma: You want to retire - but you haven't yet retired your mortgage. Even before the recent debt-driven housing boom and bust, the numbers were getting

January 31st, 2008

Bad news for U.S. housing industry

“We don’t see this market turning around anytime soon”

NEW YORK : The worse the news got, the better the stocks performed. Early in the week, investors seemed to believe that the Federal Reserve, with its unprecedented slashing of interest rates, could revive the … via International Herald Tribune



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