May 15
The current housing market gives home buyers the best choices in decades. Home buying dollars go further than ever before. Take advantage of the market, says the Wall Street Journal.
May 15
OTTAWA, Ontario, May 15, 2008 — New home construction will begin to slow in 2008, but remain high by historical standards, according to Canada Mortgage and Housing Corporation’s (CMHC) second quarter Housing Market Outlook, Canada Edition report.
Higher mortgage carrying costs will be a catalyst for the decrease in residential construction to 214,650 units in 2008, from 228,343 in …
May 15
Speaking at the Chicago Fed’s Conference on Bank Structure and
Competition, Fed Chairman Ben Bernanke said he would strongly
urge firms to continue raising new capital.
May 15
Weakness in U.S. industrial production is consistent with
recessionary levels, economists said following the 0.7%
decline in Thursday’s report from the Federal Reserve.