Builders Survey Shows Strong New-Home Sales
Low mortgage rates continued to lure buyers into the market in May.
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Federal Reserve Reports Tighter Lending Standards The Federal Reserve reports that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis.The
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Russian consumer lender halts some loans: report "Because of the growth in the cost of borrowing, we have to concentrate on key areas" Russia's top consumer lender, Russian Standard Bank, has temporarily halted issuing cash loans
As the McMansions Go, So Goes Job Growth By DANIEL GROSS Published: November 20, 2005 THERE'S a growing consensus that the housing market is cooling off.read more...
U.S. Stocks Head Toward Higher Open U.S. stocks headed for a moderately higher open Friday ahead of a report on home sales that could indicate whether Wall Street's somewhat less-pessimistic view of the sector is warranted.Commentread
World stocks surge on US mortgage rescue plan (AFP via Yahoo! News) Global stocks soared Monday in a massive relief rally after the US government took over ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a global financial