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+7 ·
Centex profit falls amid slumping housing market
Filed Oct 24, 2006 at 7:45 PM ·
Centex Corp., a major U.S. home builder, said on Tuesday its quarterly profit fell 59 percent as a slumping housing market led to record home cancellations, but its shares rose 2 percent in after-hours trading because the results were better than expected. Photo: Reuters.com
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+2 ·
US mortgage applications decline last week-MBA
Filed Oct 18, 2006 at 11:50 PM ·
Applications for U.S. home mortgages fell last week, pulled down by a drop in refinancings as interest rates rose for the third straight week, an industry group's data showed on Wednesday.
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US home loan applications fall as rates extend rise
Filed Oct 18, 2006 at 3:02 PM ·
Applications for U.S. home mortgages fell last week, pulled down by a drop in refinancings as interest rates rose for the third straight week, an industry group's data showed on Wednesday.
The seasonally adjusted index of total mortgage applications fell 2.2 percent in the week ended Oct. 13 to 585.8, extending its drop for a second consecutive week, according to the Mortgage Bankers Association.
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+4 ·
Feds Bies sees US housing market as orderly
Filed Oct 11, 2006 at 4:41 PM ·
The U.S. housing market is going through a "fairly orderly" adjustment process, with the strength of the banking system helping to cushion any potential effects from the slowdown, Federal Reserve Governor Susan Bies said on Wednesday.
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+2 ·
US jobs data points to housing market impact
Filed Oct 09, 2006 at 5:54 PM ·
Sweeping revisions to U.S. jobs data indicate the labor market was considerably more vibrant last year than previously thought.
The problem: the boost to past employment makes a recent pullback in hiring seem all the more abrupt, suggesting a stumbling housing market is dragging down other parts of the economy.
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Pentair cuts forecast on weak housing market
Filed Sep 26, 2006 at 1:40 PM ·
Pentair Inc. on Tuesday cut its earnings outlook for the third quarter and full year on weakness in the housing market that is weighing on its sales of pool equipment.
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+1 ·
UPDATE 3-Refis buoy US mortgage business as housing cools
Filed Sep 21, 2006 at 6:45 AM ·
NEW YORK, Sept 20 (Reuters) - Applications for US home mortgages rose for a third straight week as a recent decline in interest rates spurred refinancing and ...
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