Strong April Is Retailers' Easter Present Source: Associated Press | May 5, 2011 Retailers reported surging April sales that were helped by a late Easter, extending strong spending momentum since late last year. However, some stores that cater to low-income shoppers are starting to warn that thei
...
05/07/2011
Why Companies Are About To Start Hiring Source: Forbes | May 6, 2011 The bright spot in a drab employment picture is that workers have been stretched so thin during the past couple years that companies are going to have to (gasp!) hire more. The hiring picture is improving largely because the pro
...
05/07/2011
Mortgage Delinquencies Post Big Drop In March Source: The Wall Street Journal | May 6, 2011 Mortgage delinquencies fell by 12% in March, the biggest monthly drop since the housing bust began, to the lowest level since 2008, according to LPS Applied Analytics. The improvement has been driven by de
...
05/07/2011
April Jobs Report: Hiring Picks Up Steam Source: CNN Money | May 6, 2011 The jobs recovery picked up speed in April, as business payrolls swelled and the unemployment rate rose as more people returned to the workforce. The economy added 244,000 jobs in the month, the Labor Department reported Fri
...
05/07/2011
Market Climate Warms For House Hunters Source: Chicago Tribune | May 6, 2011 Traditionally, spring is when prospective homebuyers come out of hibernation and begin the hunt for their next residence. But with the economy still in flux, many house hunters are wondering whether it is the right time
...
05/07/2011
Freddie Mac Market Outlook Predicts An Increase In Home Sales Source: DS News | April 15, 2011 Freddie Mac forecasts a 5 percent increase in 2011 home sales over 2010, according to its U.S. Economic and Housing Market Outlook for April. The report also contends that refinancing will likely accoun
...
04/21/2011
Warren: New Prototype For Mortgage Forms Coming In May Source: The Wall Street Journal | April 18, 2011 The new U.S. consumer finance watchdog will start testing a new version of the standard mortgage disclosure form next month. The planned revamp of the forms borrowers receive when taking out a
...
04/21/2011
Gallup Finds U.S. Unemployment Down To 9.6% In Mid-April Source: Gallup | April 19, 2011 Unemployment, as measured by Gallup without seasonal adjustment, fell to 9.6% in mid-April from 9.9% at the end of March, and is at its lowest level since mid-January. The current 9.6% unemployment rate i
...
04/21/2011
The Ultimate Spring Home Buyers' Guide Source: U.S. News & World Report | April 18, 2011 Uncertainty remains in the market, but experts say purchasing a home is still a good long-term investment. Traditionally, spring is when prospective home buyers come out of hibernation and begin the hunt for
...
04/21/2011
New-Home Construction Rises To Six-Month High Source: Associated Press | April 19, 2011 Builders broke ground last month on the most new homes in six months, giving the weak U.S. housing market a slight boost at the start of the spring buying season. Home construction rose 7.2 percent in March fr
...
04/21/2011
