Mortgage applications bounce back (CNN Money) U.S. mortgage applications rebounded last week from 4-year lows as mortgage rates slipped across the board, an industry trade group said Wednesday.read more...
Japan's Bubble Burst May Not Echo in U.S. Economists point to reasons why our real-estate market won't fall apart in a similar fashion.via
Neighbors protest Lowe's design Jim Walsh jim.walsh@arizonarepublic.com The Arizona Republic Feb. 8, 2007 07:11 PM Lowe's Home Improvement isn't drawing many fans for its planned store in southwest Mesa, with the city's Design Review
American needs a bold plan to end its dependence on oil Economist Philip Verleger was traveling in Asia last month when the news broke that General Motors was slashing 30,000 jobs to try to avert its death spiral.read more...
She walks alone (Reg Req'd) An internal alarm clock jolts her from sleep. It's 2:45 a.m. Her shift at Wal-Mart doesn't begin for more than two hours, but the store is nearly five miles from
Finding a Moral in One Developer's Story Many years ago when I was backpacking through Asia, I bought books based on the number of pages per dollar. This sounds hopelessly philistine, but the best buys were long
Mortgage finance company Freddie Mac’s first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected.
McLean-Va.-based Freddie Mac also said Wednesday it plans to raise $5.5 billion in new capital. Shares of Freddie Mac, the second-largest buyer and backer of home loans, rose more than 6 percent in premarket trading.
The quarterly loss at Freddie Mac was larger than a loss of $133 million in the January-through-March period last year. The results were equivalent to a loss of 66 cents a share, compared with 35 cents a share a year earlier. Read more
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