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US rate on 30-year mortgages rises to 3.59 pct.
Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close ...
US new home sales up 2.3 percent in April
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest ...
Lenovo says quarterly profit up 90 percent
Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded
US home sales tick up to highest in 3 ½ years
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses ...
Futures rise; all eyes on the Fed
U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing ...
Economists predict increase in consumer spending
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
US rate on 30-year mortgage rises to 3.51 pct.
Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more ...
US housing starts fell in April but permits surged
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline ...
Obama's assets worth between $1.8M and $6.8M
President Barack Obama and first lady Michelle Obama held assets last year that were worth between $1.8 million and nearly $7 million, according to ...
US homebuilder confidence rises in May from April
Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest ...
Record profit signals healthier Fannie Mae
Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March ...
RealtyTrac: US home repossessions fell in April
Fewer U.S. homes entered the foreclosure process or were repossessed by lenders last month, the latest indication that the nation's foreclosure woes ...
Mexico seeks easier foreclosures, cheaper loans
Mexico's government proposed a sweeping overhaul of the banking sector Wednesday to make credit cheaper and more available, a move desperately needed ...
Late-payment rate on mortgages tumbled in 1Q
A resurgent housing market, rising home values and steady job gains are helping more U.S. homeowners stay on top of their mortgage payments.
Survey: US home prices up 10.5 pct. in past year
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006. Core Logic, a real estate data ...
Rich Chinese look abroad to preserve wealth
China's richest people are stepping up investment in U.S. real estate and other foreign assets as they try to preserve their fortunes in the face of ...
Solid job gains in April ease fears about economy
The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, ...
US rate on 15-year mortgage at record 2.56 pct.
The average U.S. rate on the 15-year fixed mortgage fell to a new record low last week, and the rate on the 30-year fixed loan declined.
US construction spending down 1.7 percent in March
Spending on U.S. construction projects fell in March as the biggest drop in government projects in more than a decade overwhelmed strength in home ...
Brighter view on jobs and pay lifts US confidence
Americans are more optimistic the job market is healing and will deliver higher pay later this year. That brighter outlook, along with rising home ...
US home prices up 9.3 pct., most in nearly 7 years
U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of ...
US stocks rise, led by technology companies
Encouraging economic reports are sending stock prices higher on Wall Street. Wages and spending rose in the U.S. last month, and pending home sales ...
Pending US home sales reach 3-year high in March
The number of Americans who signed contracts to buy homes rose in March to the highest level in three years, pointing to higher sales this spring.
Asia stocks up on US company earns, home sales
An increase in new U.S. home sales and strong corporate earnings across a range of industries lifted investment sentiment in Asia, where most stock ...
New-homes sales rise 1.5 percent in March to 417K
U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery ...