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MSNBC - US construction of properties for companies is growing faster than home building for the first time in five years, raising hopes that America's businesses may help cushion the blow to the econ (full story)
Building permits slide 11% as housing market cools
CBC News - The value of building permits fell almost 11 per cent in April to a five-month low as new housing demand pulled back from near record levels the month before, Statistics Canada said Tuesday (full story)
Conundrum for new Fed chief Raising interest rates could stifle ...
Allentown Morning Call - The Fed has reached a crunch point in its stewardship of the U.S. economy, and any misstep on Bernanke's part could have dramatic consequences. Inflation is picking up just as (full story)
30 Year Mortgage Rate Hits 6.66%
Mortgage applications fell last week as mortgage rates were mixed, an industry trade group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application a (full story)