Retail sales gains in January could boost growth
Thursday, March 17th, 2011A modestly better-than-expected report on retail sales for January could suggest stronger economic growth in coming months. But this week’s severe snowstorms will likely depress activity in February.
U.S. housing market remains fragile despite low mortgage rates
Tuesday, March 15th, 2011After showing signs of a fledgling recovery from the worst downturn in decades, the U.S. housing market appears to be heading back toward the doldrums, as the expiration of a lucrative tax credit for buyers and increased uncertainty about the economy cause home sales to plummet.
Unemployed Homeowners to Get $3 Billion in Aid
Monday, March 14th, 2011The Obama administration plans to make an additional $3 billion in aid available to help unemployed homeowners struggling to make their mortgage payments.
Mortgage industry cuts forecast for UK reposessions
Monday, March 14th, 2011The mortgage industry has cut its forecasts for repossessions as the numbers of people losing their properties or in arrears continued to fall.
Obama Adds to State Programs to Prevent more Foreclosures
Sunday, March 13th, 2011Obama Adds to State Programs to help prevent foreclosures Much Called the “most affected Fund, the aim being to help beaten the worst housing market through the states. Last week, the Obama today add $ 2 billion in funding for this campaign. You can see the list of states and how much each and every [...]
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