Pending home sales in the U.S. unexpectedly fell 1.8% in September, the National Association of Realtors reported Friday. It was the statistic’s first decline in three months, and one that suggests that the housing sector’s rec…
Mortgage giant Freddie Mac posted a net loss of $4.1 billion for the third quarter, compared with a loss of $6 billion a year earlier.
The company paid a $1.6 billion dividend to the Treasury, which rescued the ailing company two years ago. Freddie M…
About three out of four Americans say the U.S. is still in a recession, with Republicans and women slightly more pessimistic about the economy than Democrats and men, according to a new AOL survey.
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U.S. new home sales rose a better-than-expected 6.6% in September, but the rise is hardly cause for celebration. Sales remain near a 47-year low, with the sector showing few signs of generating enough demand to vault sales back…
Among the day’s top online stories for investors: Why the housing market is ready to boom, which sector significantly outperformed the S&P over the past year, and the scoop on Warren Buffett’s successor Todd Combs.
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