Home sales to drop to 6-year low in 2007 (Worcester Telegram & Gazette)

 

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Home sales to drop to 6-year low in 2007 (Worcester Telegram & Gazette)

U.S. home sales in 2007 will drop to their lowest level since the start of the five-year housing boom in 2001 as mortgage rates and foreclosures increase, according to a forecast by Freddie Mac.

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Daily Report (Greater Baton Rouge Business Report)

Forbes ranks best states for business; La. one ups W.Va. The good news: Louisiana climbed in Forbes' rankings of best states for business. The not-so-good news: The move was from 50 to 49 (thanks, West Virginia).

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Year Looks Grim For Home Sales (The Tampa Tribune)

U.S. - home sales in 2007 will drop to their lowest level since the start of the five-year housing boom in 2001, as mortgage rates and foreclosures increase, according to a forecast by Freddie Mac.

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UPI NewsTrack Business (Moldova.org)

U.S. stocks rebound after bond downgradesNEW YORK, July 11 (UPI) -- U.S. stock indexes closed up Wednesday in a rebound after credit-rating firms said they would downgrade bonds backed by risky U.S. home loans.The Dow Jones industrial average rose 76.17 points, or 0.56 percent, to 13,577.87. The broader Standard & Poor's 500 Index added 8.64 points, or 0.57 percent, at 1,518.76.On the New York ...

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UPI NewsTrack Business - July 12, 2007 (EARTHtimes.org)

U.S. stocks rebound after bond downgrades NEW YORK, July 11 -- U.S. stock indexes closed up Wednesday in a rebound after credit-rating firms said they would downgrade bonds backed by risky U.S. home loans. The Dow Jones industrial average rose 76.17...

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Mississippi town home to Kermit the Frog exhibit (The Courier News)

LELAND, Miss. -- Road signs of a flipper-waving Kermit the Frog attract thousands of visitors annually through the flatlands of the Mississippi Delta to the hometown of the famous amphibian and his equally renowned creator, Jim Henson.

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Midday Update (Standard-Examiner)

The Midday Update offers a quick glance at breaking news. It runs Monday-Friday on StandardNET.

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UPI NewsTrack Business (UPI)

U.S. stocks rebound after bond downgrades ... GE, Abbott Labs cancel $8.13B deal ... $25B Sallie Mae buyout may collapse ... 1 in 85 Norwegians is a millionaire ... News from United Press International

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Subprime woes pulling ratings down (The Philadelphia Inquirer)

On Wall Street, where the $800 billion market for mortgage securities backed by subprime loans is coming unhinged, traders are belatedly acknowledging what they see isn't what they get.

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Ask the Biz Brain (The Star-Ledger)

I've been sitting on the sidelines watching the boom and now the slowdown of the housing market. How do I know when it's the right time to buy a house?

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It is upon detection of poor or adverse credit in your credit report that credit repair steps are to be taken up. This is indicated by a below average credit sore as obtained from your credit report. If you are a holder of adverse credit then you will be either unable to secure loans or will be able to beget loans with more difficult conditions. This is because adverse credit is perceived by almost all lenders as undesirable. So, you need to strive to overcome the situation. By following the right steps and with some perseverance you can expect to mend your bad credit situation to a great extent.




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