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  • Fed Indicates No Rush To Raise US Interest Rates Tuesday, 5 Aug 2008 | 2:14 PM ET
    Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    The Fed held U.S. interest rates steady, expressing concerns about both economic growth and inflation and indicating it is in no rush to push borrowing costs higher.

  • D.R. Horton Posts Loss, Market 'Still Challenging' Tuesday, 5 Aug 2008 | 9:48 AM ET

    D.R. Horton, the largest U.S. home builder, posted a bigger-than-expected quarterly loss as it wrote down the value of more holdings in a decimated real estate market.

  • For Fed, Keeping Rates Steady Is the Easy Part Monday, 4 Aug 2008 | 8:01 PM ET

    Wall Street widely expects the Fed to keep interest rates unchanged Tuesday as the central bank grapples with a faltering economy, shaky financial system and higher prices.

  • Delinquent Property Loans Rise in June: Moody's Monday, 4 Aug 2008 | 1:31 PM ET
    Homes in Las Vegas

    Delinquent U.S. commercial real estate loans rose in June, as property owners struggled with falling prices and tight credit conditions, according to a report from Moody's Investors Service released Monday.

  • Lend Lease Warns of Sharp Drop in Profits Sunday, 3 Aug 2008 | 8:45 PM ET
    Austrailia, Austrailian Flag

    Australian property developer Lend Lease said on Monday net operating profit was likely to fall as much as 15% next year as UK property prices slid. Its shares tumbled 10%.

  • CapitaLand Profit Falls 44%, Positive on Outlook Thursday, 31 Jul 2008 | 8:39 PM ET

    CapitaLand, Southeast Asia's biggest property developer by market value, posted a 44 percent drop in quarterly net profit as property sales slowed and it had no big one-off gains, but it said the outlook was positive.

  • Fannie Mae Portfolio Rose at Fastest Rate Since '03 Wednesday, 30 Jul 2008 | 12:01 PM ET

    Fannie Mae, the largest provider of funding for U.S. residential mortgages, on Wednesday said it grew its investment portfolio in June at the fastest annualized rate in nearly five years.

  • Home Prices Fall in May, Erasing Four Years of Gains Tuesday, 29 Jul 2008 | 10:11 AM ET

    Prices of  single-family homes plunged at a record pace in May from a year earlier.

  • Consumer Mood Brightens But Continues to Be Fragile Tuesday, 29 Jul 2008 | 10:05 AM ET

    U.S. consumer confidence halted a six-month slide in July, bouncing off its lowest level in more than a decade as worries over inflation receded slightly, the Conference Board said.

  • Stabdard & Poor's Warns Of Ratings Cuts Friday, 25 Jul 2008 | 2:15 PM ET

    Standard & Poor's may cut ratings on Fannie Mae and Freddie Mac, citing concerns that government plans to shore up the mortgage finance companies may subordinate the debt.

  • New Home Sales Fall, but Stronger than Expected Friday, 25 Jul 2008 | 10:14 AM ET
    Home Sales Classified

    Sales of newly constructed US single-family homes were stronger than expected in June, providing a glimmer of hope for the beaten-down housing market.

  • Pimco's Gross: Housing Bill Will Help With Recovery Thursday, 24 Jul 2008 | 1:01 PM ET
    Bill Gross

    The best way to help the ailing U.S. housing market recover from the $1 trillion of losses it faces will be to cut the cost of mortgages via the U.S. housing bill and rescue package for mortgage finance giants, the manager of the world's biggest bond fund said

  • Home Sales Hit 10-Year Low As Prices Keep Sliding Thursday, 24 Jul 2008 | 10:08 AM ET

    Sales of existing homes fell a bigger-than-expected 2.6% in June to a 10-year low, as housing  continued to be bruised by the worst slump in over two decades.

  • Senate Set to Vote On Housing Aid Bill Thursday, 24 Jul 2008 | 10:05 AM ET

    The U.S. Senate is due to vote finally Saturday to approve a major housing market rescue bill, including federal financial assistance for Fannie Mae and Freddie Mac.

  • Pulte Homes Loss Narrows, But Buyers Still Shaky Wednesday, 23 Jul 2008 | 6:27 PM ET

    Pulte Home, posted a smaller quarterly loss on Wednesday, but said buyer confidence remained shaky.

  • House Passes Bill To Aid Housing, Fannie & Freddie Wednesday, 23 Jul 2008 | 5:35 PM ET

    Rescue legislation sailed through the House Wednesday aimed at helping 400,000 homeowners avoid foreclosure and to prevent Fannie Mae and Freddie Mac from collapsing.

  • Major Provisions of Housing Bill Wednesday, 23 Jul 2008 | 4:30 PM ET

    Congress looks set to pass a housing rescue bill that will backstop Fannie Mae and Freddie Mac, create tougher oversight of the mortgage finance giants and spend billions to prevent home foreclosures.

  • Fannie, Freddie Rally As Housing Rescue Advances Wednesday, 23 Jul 2008 | 9:12 AM ET

    Shares of Fannie Mae and Freddie Mac surged after President Bush dropped opposition to a housing rescue bill, which would offer a lifeline to the mortgage giants.

  • As US Economic Woes Mount, Homeless Plan to Vote Wednesday, 23 Jul 2008 | 2:54 AM ET
    Foreclosure

    Single mother Mary White worked as a sales clerk until the bank foreclosed on the home she rented. Tossed out on the street with her six boys, she lost her deposit and her job. Now she is revved up to vote in November.

  • Home Prices Keep Falling, Prolonging Financial Crisis Tuesday, 22 Jul 2008 | 3:53 PM ET

    The financial crisis won't be over until U.S. house prices stop falling, many experts believe, which means it won't be over soon.

Realty Check with Diana Olick

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