Why the Home Buyer Tax Credit should be allowed to expire
3:15 PM 11/5/2009
It appears Uncle Sam will keep propping up the still shaky real estate market for months to come. The Senate last night voted to extend the $8,000 first-time home buyers tax credit, and the House followed suit today. The president is expected to soon sign it into law.
But is the bill good for...
Goldman's new role: repossessing foreclosed homes
4:00 PM 11/3/2009
Banking, Real Estate, Investing, Credit, Real Estate, Banking
Goldman Sachs spent years buying hundreds of thousands of subprime mortgages during the real estate boom, packaging them into high-yield bonds. Now that the bottom has fallen out of the property market, the Wall Street behemoth finds itself in a different role: taking homes away from Americans...
Landlords to tenants: please stay!
4:45 PM 11/2/2009
In an attempt to stem the tide of fleeing residents in an economic downturn, landlords across the US are showering tenants with gifts that include everything from flat-screen TVs to cash in the hope of encouraging them to renew their leases, writes the Wall Street Journal (subscription...
Looming tax credit deadline spurs return of real estate bidding wars
5:30 PM 10/29/2009
The deadline for first-time home buyers to take advantage of the government's $8,000 tax credit appears in line for an extension. But the popular tax break has already been fueling a phenomenon that many struggling real estate markets haven't experienced in years: bidding wars.
Lower-priced homes...
Refis on the Rise: Time to Take the Plunge?
2:00 PM 10/15/2009
In the morass of glum housing news, there is one bright spot: Tantalizing low mortgage rates are continuing to entice more homeowners to refinance. The number of applications to refinance has tripled in the past year, says the Mortgage Bankers Assn. Refinance applications soared 18% in the week...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.08 | -0.11 -1.28% | 179.08M | |
| 2.20 | +0.26 +13.14% | 100.91M | |
| 12.42 | -0.28 -2.17% | 34.59M | |
| 18.83 | -0.30 -1.57% | 32.37M |
% Gainers
| 32.45 | +8.55 +35.77% | 14.79M | |
| 89.14 | +12.75 +16.69% | 9.78M | |
| 2.20 | +0.26 +13.14% | 100.91M | |
| 20.14 | +2.27 +12.70% | 128,010 |
% Losers
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