Written by Foreclosure activity climbed in three-quarters of the largest U.S. metropolitan areas in the first half of 2010, compared with the same period a year ago, but declined in some of the nation’s hardest-hit regions, according to data released Thursday. READ MORE »
Posts tagged housing market
Pending Sales of Existing U.S. Homes Decrease 2.6%
The number of contracts to purchase previously owned houses unexpectedly fell in June, indicating demand kept unraveling after the expiration of a homebuyer tax credit. READ MORE »
Treasuries Rise, 10-Year Yield Drops to 19-Month Low on Signs of Slowdown
Treasuries gained, pushing the yield on the 10-year note to the lowest level in 19 months, as new home sales unexpectedly dropped in July to a record low and orders for durable goods rose less than economists forecast. READ MORE »
Freddie: Mortgage Delinquencies Continued To Ease In August
Mortgage delinquencies on single-family homes eased in August from a month earlier, though they remained above prior-year levels, according to Freddie Mac (FMCC). READ MORE »
Asian Shares Rise; Tokyo Stocks Get Lift From Tankan Survey
Asian stock markets were higher Wednesday, with Japanese stocks lifted by a better-than-expected business sentiment survey. READ MORE »