May 30
Staunch advocate for renting over buying housing, NY Times reporter David Leonhardt renounces his stance and buys his first home; extensive analysis of renting versus buying.
May 30
If you have big dreams of living in your own paradise one day, a week spent vacationing here and there in your ideal locations will give you a good idea of what you might enjoy in the future as your home.
May 30
Inflation remains contained and personal spending
continued improving according to the latest report from the U.S. Commerce
Department on Friday. Economists said the Fed will be pleased to see that
consumers are holding in there despite weakness in the broader economy,
though in real terms the 0.2% gain in personal spending was flat.
May 30
The sharpest drop in housing prices in 50 years
poses a “significant” risk to the U.S. economy, but the Fed’s rate cuts
should be felt in the second half of the year, according to one Fed
official on Friday.
May 30
OTTAWA, Ontario, May 30, 2008 — Grants of up to $5,000 will be awarded to local housing teams that increase housing affordability and choice under the renewal of the Affordability and Choice Today (ACT) initiative, the Honourable Monte Solberg, Minister of Human Resources and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC) announced today.
The …
May 30
Canadian Q1 and March GDP and core PCE in the U.S. will dominate the
economic news of the day as markets prepare for the final trading day of
May. In addition to comments from the Fed and Canadian finance ministers,
markets will also be paying attention to European Central Bankers on
Friday.
May 30
Speaking on ‘Money Markets and Financial Stability’ at the New York
Fed’s conference on money markets on Thursday night, Fed Vice-Chairman
Donald Kohn (voter) said it was unclear how much
strengthening of the U.S. financial regulatory system was needed, but
that the need for reforms was evident.