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- Average US mortgage rates rise to 4.37%
Rates on 30-year mortgages climbed for the second straight week, but remain near the lowest level in decades.
- US foreclosures down, but surge on way?
The number of US households facing foreclosure in January increased 15% from the same month last year. US bailout money | Top US bankruptci...
- Foreclosures biggest risk for US homebuilders: S&P
The housing slump has shown signs of easing in recent months, but foreclosures remain near an all-time high, tempering optimism.
- US: Rising unemployment accelerates foreclosure crisis
Rising unemployment is triggering home foreclosures in US, threatening Obama's efforts to end housing crisis & diminishing hopes of swift r...
- Home loan horror coming to movies
Sam Raimi is about to turn the US housing collapse into a real horror show.
- Oil hovers below $58 as US recovery hopes wane
Oil prices hovered near $58 a barrel on Thursday in Asia as weak US retail sales and housing figures dampened investor optimism about a fle...
- Falling prices drag 8 mn US mortgages underwater
More than 8.3 million US mortgage holders owed more on their loans in the fourth quarter than their property was worth as the recession cut...
- Insured mortgage defaults top 80,000 in October
Defaults on privately insured US mortgages rose 35 per cent in October, and topped 80,000 for the first time.
- Citigroup bailout may help some homeowners
US govt's multibillion-dollar bailout of Citigroup Inc requires the giant financial services company to lower loan rates for struggling hom...
- US consumer prices surge, job market strained
US inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.
- US foreclosure filings surge 55 per cent
The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more tha...
- US tries to prolong growth with subprime rate freeze
The 3-year housing slump is pushing home values down in the US, even as more than 30% of borrowers with subprime-adjustable rate mortgages ...
- Bush for freezing certain subprime rates for 5 yrs
The Bush administration has hammered out an agreement to freeze interest rates for certain subprime mortgages for five years to combat a so...
- Economist predicts housing downturn
An economist who has long predicted this decade's housing market bubble would deflate said the residential real estate downturn could spira...
- US home foreclosures soar in August
The number of foreclosure filings reported in the US last month more than doubled versus August 2006 and jumped 36 per cent from July, a tr...
- Subprime defaults blamed for US earning woes
Railroads, chemical producers and insurance companies are blaming the worst US housing slump in 16 years for their earnings woes.