U.S. Economy to Avoid Recession as Housing Sinks, Survey Shows
Story date: 2007-10-10 07:51:00
Added on: 2007-10-10 10:00:24
Bloomberg - The rout in subprime-mortgage lending during August and subsequent credit ... and rising foreclosures pushed consumer confidence in September to the lowest level ... Less inflation will give policy makers room to lower rates, economists said ...
Read more...
Related Stories:
-
Mortgage lending slows in August
Guardian Unlimited - Lending fell in August but remained at a high level. Mortgage lending fell by 6% in August as rising...
2007-09-20 02:38:00 -
Mortgage lending slows in August (Guardian Unlimited)
Mortgage lending fell by 6% in August as rising interest rates put the squeeze on borrowers, figures showed today. Gross lending during...
2007-09-20 02:59:55 -
August mortgage approvals weakest since April
Reuters UK - However, most economists think rates will start to come down in coming months as the economy slows. Mortgage lending...
2007-10-01 01:28:00 -
Mortgage lending slumps in August - BBC News
Mortgage lending continued its downward spiral in August, according to the latest figures from the Council of Mortgage Lenders (CML). The total...
2008-09-18 04:16:00 -
CML reports decline in August lending (Banking Business Review)
The UKs Council of Mortgage Lenders has reported that the house purchase lending in August 2008 was at GBP6 billion, 63% lower...
2008-10-14 08:57:28 -
Net mortgage lending collapses in August - Reuters UK
LONDON (Reuters) - Net mortgage lending collapsed in August and approvals for new home loans fell to a series low, figures from...
2008-09-29 02:16:00 -
Realtors Group Revises Home Sales Forecast
CBS News - Problems were exacerbated in August by turmoil in credit markets, reflecting new worries about rising mortgage defaults. The median...
2007-10-10 04:19:00 -
Credit crunch poised to trigger repossessions
Guardian Unlimited - The slowdown in the property market over the next two years will be driven by tighter lending sparked by...
2007-11-07 04:26:00
