08/26/14 02:45 PM
WASHINGTON (AP) — U.S. home prices increased at a slower pace in June — a cooldown that could continue for several more months. The Standard & Poor's/Case-Shiller 20-city home price index rose 8.1 percent in June from 12 months earlier, according to a Tuesday report. That's down from 9.4...
By David M. Drucker | 08/26/14 10:18 AM
Rep. Paul Ryan said in an interview on Monday that he favors limiting the home mortgage tax deduction to "middle income people" but opposes curbing deductions for contributions to charity.
By Joel Kotkin | 08/25/14 01:11 PM
If high-density development dominates the country's future, expect far fewer Americans -- and far more rapid aging of the population.
By Joseph Lawler | 08/25/14 01:23 PM
Sales of new homes fell short of expectations in July, as the U.S. housing market fails to recover quickly enough to contribute to a stronger economic recovery. The Census Bureau reported Monday morning that 412,000 new single-family homes were sold in July, well below the roughly 430,000 that...
08/25/14 12:01 PM
WASHINGTON (AP) — Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. The Commerce Department said Monday that new-home sales fell 2.4 percent last month to a seasonally adjusted annual rate...
By Joseph Lawler | 08/21/14 10:11 AM
The Department of Justice said that it would be the single largest settlement with a U.S. business in history. The agreement includes $9.65 billion in cash paid out to federal and state agencies, and nearly $7 billion in consumer relief to borrowers hurt by the mortgage crisis.
08/20/14 09:15 AM
BILOXI, Miss. (AP) — Biloxi officials say 160 property owners are advertising on the Internet to rent their homes and condos for a few days to a few weeks. Jerry Creel, community development director, tells The Sun Herald (http://bit.ly/1BBc79E) that most aren't licensed or aren't paying taxes...
08/20/14 12:16 AM
TOKYO (AP) — Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar. KEEPING SCORE: Hong Kong's Hang Seng was up 0.1 percent at 25,154.62 while Japan's Nikkei 225 was little changed at...
By Michael Barone | 08/19/14 02:21 PM
Parents have to pay lots more for things that are largely provided by or heavily regulated by government -- education (including child care) and health care.
08/19/14 01:15 PM
WASHINGTON (AP) — U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7 percent in July to a seasonally adjusted annual rate of 1.09 million homes, the Commerce...
By Joseph Lawler | 08/14/14 11:04 AM
Americans are increasingly willing to take on credit card debt or to take out loans to buy cars or to go to college, but they're still shying away from the biggest category of consumer credit: home loans.
By Joseph Lawler | 08/03/14 06:06 PM
In mid-2013, Americans finally began adding mortgage debt, and picked up the pace of their borrowing for other kinds of spending, as data from the Federal Reserve Bank of New York's credit survey shows.
By Becket Adams | 09/16/14
By Paul Bedard | 09/16/14
By Byron York | 09/15/14
By Paul Bedard | 09/15/14
By Brian Hughes | 09/15/14