Monthly Archives: March 2013
There is a great article today from Reuters, titled “Home prices rise in January, best yearly increase since 2006: S&P“. I find it interesting that people cry because the price of housing is going up, but do not understand what … Continue reading
Margaret Chadbourn, Reuters WASHINGTON — Fannie Mae and Freddie Mac will build a new joint company for securitizing home loans as a stepping stone toward shrinking the government’s role in the mortgage market, the regulator of the U.S. government-controlled firms … Continue reading
March 17, 2013 12:00 am Shan Li Los Angeles Times More than 25 percent of Americans are dipping into 401(k) retirement accounts to pay bills, according to a recent report. U.S. workers are tapping into nearly a quarter of the … Continue reading
Diana Olick , CNBC.com As housing heads into the critical spring market, credit is finally beginning to thaw. Lenders are increasingly approving low down payment loans, and government sponsored mortgage giant Fannie Mae is buying more of them.
After lagging housing starts for several months, construction jobs surged inFebruary to the highest level in six years. Builders are clearly acting on the big jump in new home orders, but those jobs numbers could actually be higher, were they … Continue reading