Stories Tagged as
Housing
Mixed news for commercial real estate
Mar 21, 2008
The good news: the commercial real estate market is in better shape than the residential one. The bad news: it's a rough road ahead. Lisa talks to Susan Smith about what's to come.
Interest-Only Mortgages--No
Mar 21, 2008
Question: My husband and I recently attended a workshop on optimizing real estate assets. The program presented information on how to create a debt...
Gas prices are no win for Winnebago
by
Alisa Roth
Mar 20, 2008
With 96-gallon tanks to fill, some Winnebago owners are driving a lot less lately. But Alisa Roth reports despite the various Winnie costs and RV sales beginning to slump in 2006, there's still hope for the industry.
Mortgage rates rise despite Fed cuts
Mar 19, 2008
Though the Fed cut interest rates dramatically, the average 30-year fixed mortgage rate has gone up since the beginning of January. Jeremy Hobson reports why banks aren't interested in dropping rates for long-term loans.
Fannie, Freddie regulations eased
Mar 19, 2008
The federal government already raised the limit on loans mortgage lenders Fannie Mae and Freddie Mac can underwrite. Today's move to relax capital requirements on loans is designed to quickly free up $200 billion in more financing. John Dimsdale reports.
Mortgage refinancing can't help if low
Mar 19, 2008
Mortgage refinancing has been at its lowest level since December, and policymakers have been hoping refinancing could help end the crisis in the financial markets. Jeremy Hobson reports.
Anxieties high of low housing starts
Mar 18, 2008
This morning, we'll find out how many new homes were built last month, and investors are hoping housing starts have finally bottomed out. But Jeremy Hobson reports we might see a weak number that won't rebound until summer.
For public good, not for profit.
Once-mighty Bear killed by subprimes
by
Janet Babin
Mar 17, 2008
Once one of the top investment banks on Wall Street, Bear Stearns was offered a mere $2 a share in a bailout deal offered by JP Morgan. Janet Babin reports on how the subprime crisis may have triggered the bank's dramatic fall.
Budgeting to buy troubled mortgages
by
Sam Eaton
Mar 13, 2008
A coalition of community organizations wants the federal government to buy up troubled mortgages from banks at a discounted rate to take pressure off of homeowners. Sam Eaton reports on how this could affect the bottom line.
FBI in Countrywide investigation
Mar 10, 2008
The FBI and Justice Department are investigating Countrywide to see if it misrepresented its financial position and the quality of the loans it made. But Nancy Marshall Genzer reports Bank of America is still planning to take over.