Economists note the economic “damage” to consumers in terms of income, employment, and confidence from this recession. More
Treasury announces plan to stabilize housing and financial markets by buying troubled loans and supporting purchase of more mortgage-backed securities. More
Builders should brace for even tighter requirements for business loans, consumer mortgages. More
Experts see a moderate decline in rates before yearend but note that the fundamentals still point to continuing malaise in the housing market. More
Some wonder if this "shot in the arm" to housing and financial markets will have any lasting impact. More
Preliminary June numbers for University of Michigan Index suggest Americans might curtail their spending as 2008 progresses. More
