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U.S. consumer confidence soars  Falling gasoline prices and an improving job outlook prodded U.S. consumer confidence levels to surge in November, the U.S. Conference Board said today.read more...


Custom Home Builders Go Out of Business More Often Than You Think  CNBC has an interesting video on the custom home builders, and the difficulties that they go through.Commentread more...


Two Arrested In Connection With Mortgage Scam (WHIO-TV 7 Dayton)  DAYTON, Ohio -- Authorities said two local businessmen are accused of running a $1 million mortgage scam. Montgomery County prosecutor Mat Heck said Marc Edwards and Mark Mussleman made fraudulent


Home builders plan yearlong blitz  Habitat For Humanity Orlando and Central Florida's home builders are teaming up in a yearlong home-building blitz to provide housing for needy families.via


US mortgage rates unchanged on Thursday - BestInfo (Reuters via Yahoo! Asia News)   NEW YORK, May 24 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points was unchanged on Thursday at 6-1/2 percent, according to BestInfo Inc.read


Court assailed over role in home-sale fraud  Panel accused of botching ruling on case where woman unaware house was sold KIRK MAKIN A lawyer for an Ontario homeowner whose residence was fraudulently sold without her knowledge accused

July 1st, 2005

Some experts worry Greenspan’s success bequeaths risky overconfidence

In financial markets, they call it “the Greenspan put”—a belief that if stock or bond prices fall too much, the Federal Reserve will help prop them up with quick interest rate cuts to pump more cash into the …

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