Big Builder Staff

Big Builder Staff's Posts

Fed Adopts Operation Twist, Markets Sink

Under the plan, the Fed will purchase $400 billion in Treasurys with remaining maturites runnong from 6 to 30 years and sell an equal amount with maturities of three years or less. Read more

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KB Loss Widens, Orders Up 40%

Revenues fell 27% for the quarter, as closings dropped 31%. Read more

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Standard Pacific's Campbell to Step Down

Scott Stowell, who has been with the company since 1986, will take over as CEO. Read more

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Ryland Exits Dallas and Jacksonville Markets

The company will be marketing its ramining available land in the two divisions. Read more

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Mortgage Rates Down, Applications Up

Fixed rates declined, with 30-year rates falling back to levels of last November and 15-year rates dropping to a new low. Read more

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