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Items Tagged with 'Debt ceiling'

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Government strife is what the founders wanted: Whalen

Kerri Ann Panchuk
The government shutdown was not a bad thing. It's what the forefathers envisioned for America, says Christopher Whalen, a banking industry veteran.
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Housing recovery took a minor hit during government shutdown

Fed tapering, rising debt ceiling slow market momentum
Christina Mlynski
While the housing forecast remains stagnant, the contentious Congressional negotiations that led to a temporary raising of the debt ceiling are likely to have a longer-term impact on consumer confidence in the housing market.
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Mortgage rates inch higher amid government reopening

Government deal, debt ceiling bailout pushes rates up
Christina Mlynski
Fixed mortgage rates crawled higher this week amid the federal budget deadline and debt ceiling debacle.
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Crisis averted: Congress strikes a debt limit deal

Three weeks into the government shutdown, both chambers of Congress approved legislation late Wednesday that effectively reopens the federal government, while lifting the nation's debt ceiling to avoid a default.
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Senate steps in as House fails to pass a debt ceiling deal

Kerri Ann Panchuk
The clock is ticking, but no one is ready to cross the finish line with a deal. A last minute attempt to wrangle up House Republican support for a fiscal package aimed at reopening the government and dealing with the debt ceiling failed Tuesday, leaving the issue in the Senate’s court.
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Ratings giant sees potential threat to the US credit rating

Fitch puts government on 'credit watch negative'
Fitch Ratings placed the government's 'AAA' credit rating on negative ratings watch, signaling an urgent need for Congress to act on the debt ceiling.
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Housing experts sound alarm on debt ceiling deadline

A default could reverse housing industry gains
Christina Mlynski
A failure to raise the debt ceiling could have a detrimental effect on the slow, yet steady housing recovery, financial experts warn.
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Congress hits speed bumps in fiscal debt deal

Legislators hope they are closer to an agreement
Christina Mlynski
While there was no explanation from House speaker John Boehner as to the specifics of a looming deal, he expressed that the main goal is to provide fairness and equality for all taxpayers.
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The mortgage market survives for now

HousingWire Staff
The government shutdown has yet to significantly hinder the housing market, but if it continues, the sector could take a few hits.
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Investors nervous about debt ceiling deadline, but remain calm

Investors remain calm despite concerns over a debt ceiling breach. In fact, for those holding long positions, the current situation offers them virtually no incentive to get out of the market, analysts claim.
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