Rising unemployment is triggering home foreclosures in US, threatening Obama's efforts to end housing crisis & diminishing hopes of swift r...

Sam Raimi is about to turn the US housing collapse into a real horror show.

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...

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...

Defaults on privately insured US mortgages rose 35 per cent in October, and topped 80,000 for the first time.

US govt's multibillion-dollar bailout of Citigroup Inc requires the giant financial services company to lower loan rates for struggling hom...

US inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging.

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...

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 ...

The Bush administration has hammered out an agreement to freeze interest rates for certain subprime mortgages for five years to combat a so...

An economist who has long predicted this decade's housing market bubble would deflate said the residential real estate downturn could spira...

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...

Railroads, chemical producers and insurance companies are blaming the worst US housing slump in 16 years for their earnings woes.