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Topic: Celia Chen

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Thirty-year fixed still fixed below 4%

Rates for U.S. 30-year mortgages climbed from the lowest level on record after Federal Reserve officials pledged to keep their benchmark interest...

InvestmentNews |

US existing-home sales dip for third month

<div><p>US existing-home sales fell for the third consecutive month in February to their lowest level in eight months, an industry group said Tuesday, underscoring weakness in the housing sector at the epicenter of global financial crisis.</p><p>The National ...

AFP Global Edition |

Foreclosures mark pace of enduring U.S. housing crisis

MIAMI (Reuters) - Every 13 seconds in America, there is another foreclosure filing.That's the rhythm of a crisis that threatens to choke off hopes for a recovery in the U.S. housing market as it destroys hundreds of billions of dollars ...

Reuters US Online Report Domestic News |

US home construction sees surprise decline in July

US home construction saw a surprise decline in July, snapping a two-month rise and pointing to a slow recovery of the moribund housing industry at the center of the global financial crisis.Both construction starts on privately owned homes and building permits ...

AFP Global Edition |

US home construction posts surprise decline in July

US home construction saw a surprise decline in July, snapping a two-month rise and pointing to a slow recovery of the moribund housing industry at the center of the global financial crisis.Both construction starts on privately owned homes and building permits ...

AFP American Edition |

US housing starts, permits post unexpected jump

US home construction starts and permits saw a surprise jump in February from 50-year low levels in a positive sign for the moribund home market at the epicenter of global financial crisis.Housing starts -- or privately owned new homes on which construction ...

AFP Global Edition |

Toll Bros. to miss earnings projections

20 Months Into Housing Downturn, Nation's Largest Homebuilders Report Slumping Sales, ProfitsHopes of an imminent housing recovery are dimming as the nation's largest homebuilders continue to report slumping sales and profits.Toll Brothers Inc., the nation's largest builder of ...

AP News |