Rates on 30-year fixed mortgages backed off from yearly lows this week, but still remain historically cheap.
Housing starts sank in May to the lowest level in five months, according to a government study released Wednesday.
The National Association of Home Builders' sentiment index fell from 16 to 15 in January, its lowest level since June and two points below expectations, the group said moments ago. The present situation part of the index fell one point...
UPDATED at 12:34 p.m.: Day Two of the Financial Crisis Inquiry Commission has been underway for a while now, as Chairman Phil Angelides and his commissioners try to "figure out what the heck happened," as he has said, in the...
January 14, 2010; 12:34 PM ET |
Categories: Congress , Housing , Regulation , The Ticker | Tags: Financial crisis inquiry commission, Phil Angelides, fcic
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UPDATED at 2:00 p.m. The Financial Crisis Inquiry Commission -- the government's panel that was set up to figure out, as much as possible, the cause of the financial crisis -- kicked off its much-anticipated hearing this morning, featuring testimony...
January 13, 2010; 2:00 PM ET |
Categories: Bailout , Congress , Corporations , Housing , The Ticker | Tags: Bank of America, Brian Moynihan, Financial crisis inquiry commission, Goldman Sachs, J.P. Morgan Chase, John Mack, lloyd blankfein
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