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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
The first official day of Spring may still be 20 days away, but the Spring housing market is already underway. Buyer traffic is rising along with home prices, but one traditional Spring phenomenon is sorely absent: rising supply. The raw … Continue reading
By Les Christie @CNNMoneyFebruary 28, 2013: 12:45 AM ET There were nearly three times as many short sales as there were sales of foreclosed homes in 2012, according to RealtyTrac. Foreclosures accounted for 11% of all sales, down from 13% … Continue reading