Investments
Bernanke forewarns against hitting the brakes too early
The economy is on sturdier footing than a year ago, but Ben Bernanke, chairman of the Federal Reserve, is trying to avoid squashing the current recovery. The Federal Open Market Committee has made it clear that it is prepared to increase or reduce the pace of its asset purchases to ensure that the... Read More

Featured News

Existing-home sales remain below underlying demand
After falling in March, existing-home sales increased in April, although they were still not enough to meet underlying demand due to limited inventory and tight credit, reports the National Association of Realtors. All... Read More
Number of Americans in foreclosure plummets: LPS
The number of Americans in the foreclosure process plummeted by nearly 25% in the past year, according to Lender Processing Services First Look mortgage report for April. The total delinquency rate for loans 30 days or more... Read More
Mortgage apps tumble, refis drop to lowest since late March
Mortgage applications tumbled this week as refinancing and purchase applications continued their downward trend. Application volume fell 9.8% from one week earlier for the week ending May 17, according to the Mortgage... Read More