Finance & Mortgage
US economy added disappointing 113,000 jobs in January
Japan's unions ask for wage hikes on back of Abenomics stimulus
Jobs data improves, but weak exports may hurt growth
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
President Obama's proposal for myRA, a new retirement savings vehicle, took up only a few moments of Tuesday's State of the Union address, prompting more questions than answers. European Banks Have $3 Trillion of Exposure to Emerging Markets
European banks have loaned in excess of $3 trillion to emerging markets, more than four times U.S. lenders and putting them at greater risk if financial market turmoil in countries such as Turkey, Brazil, India and South Africa intensifies. Shares Steadier as Emerging Market Sell-off Eases
World shares steadied after falling to a near four-month low on Tuesday as a bounce in battered emerging market currencies and a positive start for Wall Street helped lift some of the recent gloom. Fed Poised for $10 billion Taper as Bernanke Bids Adieu
Turmoil in emerging markets and a month of disappointing job growth at home are unlikely to deter the Federal Reserve from trimming its bond-buying stimulus on Wednesday, as Ben Bernanke wraps up his last policy meeting at the helm of the U.S. central bank. U.S. Real Estate Market 2014: The Good, the Bad and the ‘Question’
Another year has gone by. America’s economy is on the rebound and the housing market is mapping a steady growth as well. If all the mixed activity of 2013 has got you confused about if you should invest in the property market or not, here is your answer. U.S. New Home Sales Post Modest Drop in November but Mapping Steady Growth
In a latest report released by the National Association of Home Builders (NAHB), it was revealed that the sales of newly-built single family homes fell slightly in November. However, experts say that the pace of sales is steady and is a reflection of a strengthening market and economy. Lower Home Affordability Driving Rate of Homelessness in U.S.: Study
The rate of homelessness in some major cities of the United States has been climbing at an alarming pace despite a steady economic growth, according to a survey by The United States Conference of Mayors. Low housing affordability was one of the major causes of homelessness. Fannie Mae and Freddie Mac Raising Mortgage Guarantee Fees
Fannie Mae and Freddie Mac, the two government backed mortgage lending giants have announced that they will be raising loan guarantee fees by an average of 10 points or one-tenth of a percent starting March 2014, according to several news reports. The move comes in an effort to allow private lenders compete in the housing loan market. U.S. Home Sales Fell in October on Limited Supply, High Mortgage Rates and Partial Govt. Shut-Down
Sales of existing homes in the U.S. fell 3.2 percent on a month on month basis due to a tight inventory supply, high mortgage rates and the 16-day partial government shutdown, according to a latest report by the National Association of Realtors. U.S. Housing Affordability Declines as Mortgage Rates and Home Prices Spike: NAHB
According to a recent report by the National Association of the Home Builders (NAHB), housing affordability declined across the U.S. in the third quarter of 2013 as home prices soared and interest rates jumped.
