Housing market numbers continue to be low, and many economists are starting to believe that it will be manufacturing and exports, not the housing market, that will lead us to recovery — however slowly.
On Saturday, the Federal government will lower the mortgage price that it will back by $100,000 in an effort to wean Americans off government involvement in the housing market. Who will be hardest hit?
As the European debt crisis continues, the pressure is falling squarely on the shoulders of Chancellor Angela Merkel, who is caught between her duty to the eurozone and her people.
Greek Prime Minister George Papandreou visits Germany today, in an effort to convince Chancellor Angela Merkel — and the German people — that Greece deserves another chance.
Yesterday's plan to solve the euro debt crisis has furthered outraged German citizens who don't want to foot the bill — putting Chancellor Angela Merkel in a tight spot.
New home sales continue to be dismal as each month of 2011 passes by. The Obama administration has a new plan to allow more borrowers to refinance their homes, but that might not be enough to turn the market around.
Reports are leaking out of Europe today that a possible large-scale plan to solve the debt crisis in Europe is taking shape. The plan could include a multi-trillion dollar bailout.
