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Tag Archives: housing market

Bernanke signals Fed to maintain stimulus efforts

WASHINGTON — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed’s efforts to keep borrowing rates low ...

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Brighter view on jobs and pay lifts consumer confidence

WASHINGTON — Americans are more optimistic the job market is healing and will deliver higher pay later this year. That brighter outlook, along with rising home prices, cheaper gasoline and a surging stock market, could offset some of the drag ...

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Fannie’s record profit a symbol of housing rebound

Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market’s revival: Fannie Mae, the mortgage giant that nearly collapsed five years ago, has earned its biggest yearly profit ever. ...

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Home prices rise 8.1 pct., most since June 2006

WASHINGTON — U.S. home prices rose in January at the fastest annual pace since June 2006, just before the housing bubble burst. The gain shows the housing recovery is strengthening ahead of the all-important spring buying season. The Standard & ...

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