Mortgage

Dinner with Barack: Hardly a Liberal Experience

Dinner with Barack -- for the liberal Democrat, few things sound better than free food with their fearless leader. Four prize dinners with the Great One -- awarded by drawing -- have come and gone; but have no fear, Dinner with Barack V is here.

US National Debt - 5 Times Greater Than The Government Admits

The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.

Toronto Braces For A Deflating Condo Bubble

Each panelist at a recent Toronto real estate conference had a reason why the city's condo market is not a bubble. But the developers, the lender, the receiver, the marketer and the real estate agent each talked about the things that worry them.

'Real Housewives' Cast Earns Unreal Salaries

Reality TV might make media critics scoff and television writers hang their heads in dismay, but it sure pays the bills. See how much the ladies of Bravo's Real Housewives series earn.

Calm Before the Storm

Economic data and news flows are light this morning as market participants take stock of the significant moves across asset classes in the past wee

Are Record-Low Mortgage Rates Hurting The US Housing Market?

U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with underwriting approvals, turning away more prospective buyers and hurting the national housing market.

Spain's Banks In Focus Ahead Of Bankia Rescue Plan

Spain may say on Wednesday how it will plug a hole of at least 8 billion euros ($10.21 billion) at Bankia, part of an effort to clean up a banking sector laden with bad debts and stop the country sinking further into the euro zone debt crisis.

US Existing Home Sales Rose 3% In April

U.S. home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.

Ireland May Need Second Bailout: Report

While global leaders obsess over the likelihood of debt-stricken Greece departing the euro zone, an emerald isle 1,800 miles away from Athens may be on the brink of needing another financial bailout.

China Home Prices Fall In April

Home prices in China fell in April, indicating that the government's efforts to curb the property market boom are gaining further momentum.

NAHB Builder Confidence Index Rises To Five-Year High In May

Homebuilder confidence in the U.S. single-family home market rose to a five-year high in May as buyer traffic increased and sales improved, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday.

Pages

EDITOR'S PICK