Low prices, rates can't slow fall in home sales
WASHINGTON (AP) — Home prices in many parts of the country scream bargain, and mortgage rates haven’t been this low for decades. So why are houses across the nation sitting on the market for so long?
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 2 MONTHS AGO
Fannie Mae asks for $1.5B in aid after 2Q loss
WASHINGTON - Fannie Mae is asking for less money from the government, a sign that the cost to taxpayers for bailing out the mortgage giant could be billions lower than once thought.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 3 MONTHS AGO
New-home sales plunge 33 percent
WASHINGTON - Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 4 MONTHS AGO
New jobless claims up sharply
WASHINGTON - The number of people filing new claims for jobless benefits jumped last week after three straight declines, another sign that the pace of layoffs has not slowed.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 4 MONTHS AGO
Mortgage rates hit low for year
WASHINGTON - Rates on 30-year fixed mortgages fell this week to the lowest level of the year and were barely shy of the all-time low.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Mortgage rates back near record low
WASHINGTON - Turmoil in the stock market and the European debt crisis are making life easier for American homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 5 MONTHS AGO
Foreclosures down 2 percent
WASHINGTON - Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs of subsiding.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO
Foreclosures down 2 percent
WASHINGTON - Millions of Americans are still likely to lose their homes in the coming years, but the foreclosure crisis is finally showing signs of subsiding.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO
Pending home sales rise 5.3 percent in March
WASHINGTON - The number of buyers who signed contracts to purchase homes surged more than expected in March, another sign that government incentives are propelling the housing market this spring.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO
New home sales, orders for most durable goods rise
WASHINGTON - Sales of new homes took the biggest monthly jump in 47 years in March, while orders for most large manufactured products rose by the largest amount since the recession started.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 6 MONTHS AGO
More homeowners get help though many disqualified
WASHINGTON - The number of homeowners in the Obama administration's flagship foreclosure prevention program is growing, data released Wednesday show. Yet it's not all good news.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
Ex-Fannie Mae execs try to defend track record
WASHINGTON - Two former Fannie Mae executives said Friday that competitive pressures, combined with the political goal of increasing homeownership, were to blame for the company's decision to back riskier mortgages that fueled the housing bubble.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO
