Today the Mortgage Bankers Association reported that their index mortgage applications was down nearly 7% last week to the lowest level in nearly 4 years. This happened during a week of flat to lower interest rates.
It's hard to know whether this is… more »
see "Death of a Giant" (Sydney Morning Herald, 12/28/05)
and "Kerry Packer" (Bio/Obit, Telegraph UK, 12/27/05)… more »
see "New-Home Sales Dropped Last Month" (NY Times, 12/24/05)
Last week, new home sales (in terms of quantity of houses) fell a dramatic 11%, the largest drop in 12 years, with inventories now… more »
It's high time that more people put away their PC fear of saying that minority groups often perpetrate evil...thanks to Mark Steyn, Sharon Lapkin and others for doing so....
http://www.frontpagemag.com/Articles/ReadArticle.asp?ID=20646 more »