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Tag Archives: credit

U.S. home re-sales complete best winter in 5 years

WASHINGTON — U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season. The past two months made up the best winter for sales of ...

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Treasurer says Maryland bond rating affirmed

ANNAPOLIS — Maryland’s triple-A bond rating has been affirmed by all three bond rating agencies in preparation for the upcoming sale of general obligation bonds next month. Treasurer Nancy Kopp made the announcement on Thursday. Maryland is one of eight ...

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Home sales up at end of dismal year, offering hope

WASHINGTON — Home sales in December reached their highest pace in nearly a year. The gain coincided with other signs that the troubled U.S. housing market improved at the end of last year. Analysts cautioned that sales remain historically low ...

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White House to seek increase in borrowing limit

WASHINGTON — The Obama administration says the federal government has nearly reached its borrowing limit — again. Treasury officials said Tuesday that the White House plans to request another $1.2 trillion in borrowing authority Friday. The increase is necessary, they ...

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Late mortgage payments up in 3Q, 1st rise in years

NEW YORK — While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a harder time making their mortgage payments. The rate that mortgage holders were late with their payments by ...

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Consumers getting more cautious on credit

WASHINGTON — Americans borrowed more in September to buy cars and attend college, but they charged less to their credit cards for a third straight month. The figures suggest that consumers are growing more cautious about taking on high-interest debt ...

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