U.S. housing prices overall are expected to hit bottom by spring 2011 and begin a gradual rise in 2012, Frank Nothaft, chief economist and vice president of housing lender Freddie Mac said on Wednesday.
To the victor go the spoils. The GOP retook the House of Representatives in the November elections and, on Wednesday, they will officially take control, with each House member – all 242 Republicans and 193 Democrats -- taking the oath of office and Rep. John Boehner, R-OH, being sworn in as Speaker.
US stocks advanced in early trade on Monday, the first trading day of 2011, on speculation that the economic recovery will continue after stocks ended with double digit gains in the previous year.
Predictions are, by their nature, uncertain. Politics is, as history teaches, full of surprises. So predictions about politics have to be taken with a good amount of salt.
The U.S. home loan demand fell sharply in the week ended Dec.17, posting a decline for fourth straight weeks as the mortgage rates hit a six-month high.
Ben Bernanke and his friends on the Federal Reserve have a PR machine to help sell their lies. Let's assess whether Ben and his Federal Reserve have helped or hurt the average American.
The foreclosure prevention program of the Obama’s administration is expected to aid far fewer homeowners than initially targeted, according to a report released on Tuesday.
Pending home sales in the U.S. rose in October, contrary to expectations of a drop, according to a report by the National Association of Realtors.
Sen. Jim Bunning, R-KY expressed anger Wednesday that the potential for another mortgage crisis remains, despite efforts to deal with the mortgage crisis over the past decade.
U.S. Rep. Maxine Waters, D-CA, is saying “Try me or tell me why not.”
U.S. home loan demand fell sharply in the last week, as fixed mortgage rates rose from near all-time lows.
The suicide concoction of fiat currency, debt, military empire, and delusion has been painless for those in power, but painful for the working middle class of this country.
