From Bloomberg - "U.S. Existing Home Sales Fall 8.6% in November to 4.49 Mln Rate":Sales of previously owned homes in the U.S. fell more than forecast in November and prices dropped by the most on record, indicating the real estate slump will extend into a fourth year and worsen the recession.Purchases declined 8.6 percent to an annual rate of 4.49 million, from a 4.91 million rate in October that
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There was a big gap between fantasized about traveling around the world, we went on and on with the “some day” words for so long, and actually to do so but this is the moment it’s really happening to us: we got our RTW Ticket, yeeeeh!Our departure is now set: 30 Dec ’08.Our itinerary:30/12 London - Hong Kong06/01 Hong Kong – SingaporeSingapore overland to Thailand25/03 Bangkok - Melbourn
Chart Courtesy of TFS Derivatives Corp. - Click Image To Enlarge-->Home Prices Plunge 17.4% record in past year: Case Shillerby MarketWatch - snips:September's prices were down in all 20 cities, compared to both August 2008 and September 2007, the data showed. The largest decline in September was found in the San Francisco metropolitan area, where prices fell 3.9%. In the past year, Phoenix has
It's time for housing bargains, if you can afford to buy a home in South Florida.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | reddit | Furl |
In what was the largest 1 day drop in more than seven years, the average mortgage rate for a 30-year fixed mortgage fell to about 5.50% last night after starting the day at 6.38%.According to Bloomberg.com:"The central bank pledged to purchase up to $500 billion in so-called agency debt as well as up to $100 billion in direct debt of Fannie Mae and Freddie Mac, the world’s two largest mortgage b
New Manhattan housing data provides window into bleak fourth quarter by NY Real Deal - snips:...Manhattan data compiled by the appraisal firm and released yesterday showed that the volume of signed contracts in September and October plummeted roughly 75 percent from the same period last year. "It's pretty unbelievable," said Jeffrey Jackson, a principal at the firm. He estimated that roughly 50 to
In the weekly address from the "office of the president-elect", an office that exists only in Obama's world, a troubling quote was delivered.Apparently Obama does not believe that that we can NOT have a thriving Wall St. when Main St. is suffering. What is interesting to note is that this speech was delivered Friday where the market action was peculiar at best. Stocks were in a hole all day and fi
Palm oil prices could fall by 46 percent next year due to oversupply and waning demand for biofuels, despite measures to cut production in Southeast Asia, a brokerage group has said.CLSA Asia-Pacific Markets has slashed its forecast for palm oil prices by 46 percent in 2009 and 32 percent in 2010, from current levels of about RM1,455 per tonne.In a report released last week, the brokerage said it
Shares of ailing internet pioneer Yahoo plunged more than 10 percent Friday after Microsoft CEO Steve Ballmer reiterated that his company was not interested in reviving its takeover bid.
NYC Commercial Property Sales Plunge in Credit Freeze by Bloomberg - snips:New York City commercial real estate transactions plunged 61 percent in 2008 through October as the global credit crisis roiled lending and sidelined buyers... "The banks are not lending, and most of them are saying we're done for the year," said Scott Latham, executive vice president for New York investment sales at Cushma
From BloggingStocks: The decline in U.S. home values continues. Home prices in 20 top U.S. cities declined at the fastest pace ever, on a year-over-year basis, as foreclosures increased and banks sought to unload homes by selling at cut-rate prices.
Home prices in a 20-city sample plunged 16.6% in August, on a year-over-year basis in, according [...]
Reuters - Prices of U.S. single-family homes plunged a record 16.6 percent in August from a year earlier and plummeted more than 30 percent in Las Vegas and Phoenix, Standard & Poor's said on Tuesday.
While many of the companies are falling, the long-time loyal investors are pulling out one by one. With that in mind, stock price indexes are falling and everyone is panicking since it is a sign of the worst case scenario that has befallen us from past centuries. Indeed, the stock plunge is disturbing. But on [...]
Japan's benchmark Nikkei has fallen by 5.52% in morning trading, and at one point was 7.59% down on the day.South Korea's Composite Stock Price Index opened down nearly 6%, and Hong Kong lost 4.7%.The falls came as new figures showed Japan's trade surplus plunged 94% in the last year due to weak exports and soaring energy import costs.Meanwhile, the White House has said a global summit to tackle t
I have no idea how this started, but it wound up being epic! Tiffany and Kevin are getting married next July 4, and we shot their engagement session recently. When we first met up, Kevin and I somehow got on the topic of underwater cameras. One thing led to another and pretty soon we organized [...]
PlungeWatercolor, 8 x 8"$150to purchase this painting, email meFinally. I've made a couple of nice enough pieces this week but they were beginning to look alike and I was getting sick of the horizon line. I'll save them for some blank spot in the future. Still, I've kept at it. A wave on a piece of junk mail caught my eye today. I turned around to the drafting table and this appeared. Inspira
American scrap has been suffering from a serious price plunge since September because of lower demand in both domestic and global markets; the price will drop again during October but buyers are still waiting to see what the future trends will be.
At present, the angle scrap price is US$320~330/ton in the eastern gulf, the fragment [...]
NY Times - Stocks Plunge Again; Dow Under 8,600Until 3 p.m. on Thursday, it seemed as if the stock market might escape another dark day.Then the selling hit — and hit and hit again, mimicking trading on Tuesday and Wednesday. What had been a moderately down day ended in a rout, with the Dow Jones industrial average closing down 679 points, or 7.3 percent, leaving it below 9,000 for the first tim
Indonesia's stock exchange halted share-market trading for the first time in eight years after the benchmark index plunged 10 percent, the biggest decline since the 1998 Asian financial crisis.Trading was suspended indefinitely, the exchange said in an e-mailed statement. The Jakarta Composite Index plummeted the most in Asia, where credit market turmoil drove the MSCI Asia Pacific Index to its bi
Based on a report released by the US Census Bureau, new home sales activity has fallen to record levels last August. Annual rate dropped by 11.5 percent from 520,000 to 460,000 compared to last July and by 34.5 percent from last year of the same period. This rate also marked the lowest pace in 17 years.
A poem, fashionable in the United States, anticipates the time “when suddenly I am old, and start to wear purple.” Do the Dutch, equivalently, start to ride purple? ========================== As the financial crisis continues to grind forward through the world’s markets, I’ve been keeping up through podcasts of Bob Brinker’s MoneyTalk radio show from the US. (D
The stock market tanks. The House of Representatives rejects the bailout plan. How do you want Congress to vote? Plus what your reps in congress are saying about it all today.
View the full article at WSPA.com.
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According to MSNBC mortgage rates have made a sudden, sharp and enormous drop. These rates fell due to the government stepping in and guaranteeing billions of dollars in outstanding securities that were issued by Fannie Mae and Freddie Mac. The average rate on a 30-year, fixed-rate mortgage has dropped to 5.88 percent, it [...]
LONDON (AP) -- World stock markets fell sharply Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth.Wall Street extended its decline Friday after the U.S. government disappointed investors with news that the economy shed jobs for the eighth straight month in August and at a faster-than-expected pace. In morning tradin
The US dollar, inspired largely by plunging oil prices and growing pessimism over the economic health of the EU and the U.K, is going gangbusters of late. It traded at $1.4455 Wednesday, a seven-month high against the euro.
On the other hand, oil prices continue downwards to $107.48 a barrel, as Hurricane Gustav’s path of destruction was [...]
June U.S. home plunge from year earlier by Reuters - snips:Prices of U.S. single-family homes plunged a record 15.4 percent in the second quarter from a year earlier, surpassing the steep drop in the first quarter, according to the Standard & Poor's/Case Shiller national home price index reported on Tuesday... COMMENTS: GARY SHILLING... "It's more of the same. We are looking for the Case-Shil
Hi there people! Just a quick personal note from me. School is about to start over here in a couple of days and I was always stuck with a 3-and-a-half-year old 800 MHZ laptop. I think you can imagine that this was a bad thing for me, being a programmer / designer.
With lots of thinking and checking out resources if it'll benefit me, I decided to buy a MacBook Pro. Yesterday, I received my new lapt
Well, yesterday we took the plunge and listed our house on the market. We looked at a very nice place out in the country right near the feedlot and we would so love to live on a "farm". The only thing that holds us back is that we own this house in town and still owe on it. So, at the advice of the realtor, we listed our home for sale. If the other place is still available when (and if) our ho
It took emergency services almost four hours to retrieve the body of Sarah Katie Bond, 24, of Ilford, Essex, from the rugged terrain.“Unfortunately, when we arrived on the scene there was nothing we could do,” an ambulance service spokesman said.Miss Bond was among a group of young overseas travellers visiting the Waitomo Caves area, a popular tourist attraction in the central North Island, on
Potash Corp (POT) is in the midst of a downside price plunge, which was in part forecast by the breaking of moving average support and a subsequent target of a downside test of the 200 day moving average. At current, Potash has tested and failed to hold the critical support line. What does this mean?
On [...]
Singapore Heeton Holdings reports 94% plunge in H1 net profit
By Nicholas Fang,
SINGAPORE : Heeton Holdings on Friday said its net profit for the six months ended June 30 plummeted 94 per cent to S$4.2 million due in part to losses from associated companies and higher operating expenses.
The company reported a 40 per cent improvement in [...]
The housing market continues to be in freefall. The S&P/Case-Shiller Index plunged 15.8 percent in May, the biggest decline since records began being kept in...
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Friday’s intraday action in the major US Indexes was nothing shy of stellar, given all the potential economic turbulence that set-up during the day.
Let’s look at the DIA - Dow Jones ETF 5-minute chart:
The day opened with news that Freddie Mac (FRE) may be in severe trouble, and then rumors of a financial collapse occurred, [...]
Manhattan Second-Quarter Apartment Sales Fall by 22% by Bloomberg - snips:Manhattan apartment sales dropped the most for a second quarter since 1998 and unsold inventory approached an eight-year record, two signs prices may be poised to drop in the nation's most expensive urban housing market. The number of sales fell 22 percent from a year earlier and inventory rose 31 percent to 6,869 units, Ne
It is official, I ordered a copy of The Total Money Makeover by Dave Ramsey. After reading so many of the blogs out there recommending it, I just had to. The best part, I finally got to use my Amazon gift certificate that I won almost a year ago from Babycheapskate! Thanks again Angie. I think this was a wise investment for the Gift Certificate!
I think I've bought way too many things in the past fortnight, my bedroom floor is hardly accessible without stepping on tops, skirts and dresses. So I gritted my teeth and finally dared to put a heap of listings on eBay. Some of the items I've worn in the past posts are listed, such as the nautical shoes from one of the first posts, that red blazer, another pink dress (I have two) and the skirt i
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Unique Features:
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By Harry Wilson
Of FINANCIAL NEWS
Barclays Capital, Citigroup and Deutsche Bank were among the worst hit banks in
Europe in the first half of this year as investment banking fees dropped by more
than a third in the wake of the credit crisis.
The three banks each lost market share in investment banking and saw their fees
fall by more [...]
May's 48b rupees and April's 45.9b rupees a mere drop of Q1's 449b rupeesBusiness Times - 20 Jun 2008(MUMBAI) Investors are shying away from Indian equity funds as a sustained slump in the stock market wipes out a major chunk of their stunning gains in 2007, but the industry is not yet facing pressure from redemptions.Diversified stock funds delivered returns of nearly 60 per cent in 2007, as the
We have all seen Paris Hilton pictured in Hawaii months ago in this style of swimsuit so you know it is a fashion hit. Beautiful plunge neckline gives just the right amount of cleavage while the...
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Eric Dane and wife Rebecca Gayheart make a splash during their Caribbean getaway to St. Bart’s. Plus: John & Jen, Halle Berry, Kenny Chesney and more
More: continued here
Well the PowerShares QQQ Trust (NASDAQ: QQQQ) has fallen ~7% since the false breakout last Thursday. I was able to capitalize on this decline with my option puts that I bought last week, and which I am still holding. If the QQQQ doesn't close above the 20-day moving average by this Friday, I will be looking to get aggressively short on any rallies. By aggressive, I mean holding 50% of my portfolio
Vietnam bonds plunged, sending yields up more than 2 percentage points, and the currency slumped after the central bank raised interest rates and let the dong weaken to tame the fastest inflation in 16 years.
The State Bank of Viet Nam today raised the benchmark interest rate to 14%, from 12 percent, according to a...
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Ending the session on June 10, the VN-Index of Ho Chi Minh City Stock Exchange (HOSE) stood at 373 points after falling by 6.12 pts or 1.61% with the total matching order trade of over 1,199,200 shares worth 30 billion dong.
Among 151 shares and fund certificates being listed on the southern bourse, the stock market...
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LI May home prices fall 10% over '07; Queens down 15%by NY Newsday - fullLast month's median closing prices of homes on Long Island dropped by about 10 percent -- 15 percent in Queens -- compared to a year ago. And when compared to April, the figures reveal an erratic housing market some real estate agents say is still correcting from the boom years and feeling the impact of the subprime mortgage
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Vietnamese stocks may extend this year's worst slump among global markets as the government raises interest rates to quell inflation, Merrill Lynch & Co. said.
Higher borrowing costs will restrain earnings growth and prevent a ``huge bounce'' in Vietnam's equities, Mark Matthews, Asia Pacific head of equity strategy...
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With two hours of trading left, the US Stock Market indexes have shed over 2% of their value from yesterday’s close. Let’s learn a lesson from the intraday price movement so far and see where the charts may wind up for the day.
First, the @YM Dow Mini June Futures Contract 5-minute chart:
Be sure to click [...]
Vietnamese stocks may extend this year's worst slump among global markets as the government raises interest rates to quell inflation, Merrill Lynch & Co. said.
Higher borrowing costs will restrain earnings growth and prevent a ``huge bounce'' in Viet Nam's equities, Mark Matthews, Asia Pacific head of equity strategy...
[[ This is a content summary only. Visit my website for full links, other co
Or should that be hunting for a plunger? So not even having been in our new flat a full month yet, I thought I'd broken the garbage disposal.
Since we've been in the U.S. everyone has been telling us to put everything down the waste disposal. So thinking we were doing the right thing we've been merrily flushing every bit of vegetable peeling and food left-overs down the In-sink-erator.
Imagine
The stock market is falling in the unprecedented difficult period, which also result in the sharp reduction in securities brokerages' share prices.
On May 24, through viewing online transaction websites, shares of brokers were offered at a surprisingly low price. The share price of FPT Securities Co (FPTS) was...
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Buffett sees "long, deep" U.S. recession by Reuters - snip:The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investor Warren Buffett said in an interview published in German magazine Der Spiegel on Saturday. He said the United States was "already in recession" and added: "Perhaps not in the sense that economists would define it" with
LOS ANGELES, California (CNN) - Jorge Fernandez strolls across the used-car parking lot littered with dozens upon dozens of sport utility vehicles the size of small tugboats. With gas at $4 a gallon, many have sat there since last summer. “The cars are literally just sitting, and it doesn’t matter how much you sell them for,” Fernandez says of the SUVs and trucks nobody wants any
Fuel Prices Pressure Airlines To Cut Capacity; Shares Plunge
Last Update: 5/21/2008 5:51:31 PM
By Ann Keeton
Of DOW JONES NEWSWIRES
The dramatic impact that fuel prices are having on U.S. airlines came into
sharper focus Wednesday as the world’s largest airline slashed its flight
schedule and shares for several carriers plunged to multi-year [...]
Hyderabad, May 21 (IANS) Glamour is making a comeback to Andhra Pradesh politics as top Telugu film stars are lining up to take a plunge in the run up to the next year's elections.
Styled in romantic, floral lace, the Piraterie De L'Amour padded plunge bra creates a sensual shape with its foam padded cups. It is decorated with an elegant pearl and bow detail between the cups and subtle embellishment on the straps. 75% Nylon 20% Polyeurathane 5% Spandex.See more details.
Styled in romantic, floral lace, the Piraterie De L'Amour padded plunge bra creates a sensual shape with its foam padded cups. It is decorated with an elegant pearl and bow detail between the cups and subtle embellishment on the straps. 75% Nylon 20% Polyeurathane 5% Spandex.See more details.
Styled in romantic, floral lace, the Piraterie De L'Amour padded plunge bra creates a sensual shape with its foam padded cups. It is decorated with an elegant pearl and bow detail between the cups and subtle embellishment on the straps. 75% Nylon 20% Polyeurathane 5% Spandex.See more details.
New homes, rising vacancy rates, unsold condos and fewer rental deals cited as reasons By Fiona Chan, Property Reporter THE slowdown in the Singapore housing market has prompted two banks to predict a dramatic plunge in home values in the next two years. In two starkly bearish reports, Barclays Capital and Credit Suisse have forecast drops of up to 40 per cent in home rents and prices, as demand a
Banks see plunge in Singapore home prices in next two years
New homes, rising vacancy rates, unsold condos and fewer rental deals cited as reasons
By Fiona Chan, Property Reporter
THE slowdown in the Singapore housing market has prompted two banks to predict a dramatic plunge in home values in the next two [...]
What more can I say about this stunning all in one swimsuit. Beautiful plunge neckline gives just the right amount of cleavage while the support tie can be adjusted to give a little added lift....
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Frosted Plunge DressGlittering frosted slinky creates this dramatic Plunge Dress, the latest in Wicked Temptations’ original Slinky collection. The dress has an open back with a halter tie. The front features two metal ring details.View product details…
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Ultimate Plunge GownTake the ultimate plunge in our dramatic gown. The sexy low back features criss-cross straps and ties at the waist. The Ultimate Plunge has extreme side slits, a deep front V and sparkling fabric for a seductive, high-impact look.View product details…
Singapore COE rates plunge to lowest levels in a year
Surprise drop in prices for all categories except motorcycles despite smaller quota
By Christopher Tan & Maria Almenoar
NO CROWDS IN SHOWROOMS: To draw prospective buyers back, as well as to reflect the sharp drop in COE premiums, dealers have started lowering car prices. — ST PHOTO: AZIZ [...]
Andrés SardáA very chic and sultry lingerie set in an opulent print from that artistic and popular Spanish designer Andrés Sardá who is based in Barcelona.Risk by Andres Sarda Black Underwired Plunge BraThis black, underwired plunge bra with thin straps has a gorgeous all over application on the fabric and lace detailing at the upper edge of the cups. Complemented perfectly by the seductive Risk by Andres Sarda Black TangaThis black tanga has a gorgeous all over application on the fabric and an elastic lace trim.
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After Microsoft pulled its offer to buy Yahoo for at least $33 a share, Yahoo’s stock has fallen this morning from Friday’s $28.67 close to around $24.50 a share. That’s a pretty steep 14% drop.
But...
Blog about Mac Computers, Apple Product and Design (from Photography, to Architecture). Embedded videos, apple commercials, photos, news, download links, a lot of tips and tricks, tutorials. Anything you need to make your Macintosh experience UNIQUE!
Reuters - U.S. auto sales fell 14 percent to
their lowest annual rate in a decade in April as weak consumer
confidence and rising gas prices hit the industry's most
profitable vehicles hardest.
Business Times - 30 Apr 2008 (BEVERLY HILLS) The man credited with developing the financing of the modern US mortgage industry says home values have fallen more than their listed prices suggest but they could hold steady with the help of a bill in Congress. 'I think the actual price declines are bigger than the indexes are showing, since so little is being sold,' Lewis Ranieri, CEO of Ranieri & Co, said in an interview on the sidelines of the Milken Institute Global Conference. Credited as the 'father' of the market for bundling mortgages and selling them on Wall Street as debt investments, Mr Ranieri backs a bill by US Representative Barney Frank, a Democrat from Massachusetts, that would make lenders accept losses on teetering home loans in exchange for government guarantees. 'What he is
Home Prices in U.S. Fall 12.7%, Most Since 2001 by Bloomberg - snips:Home prices in 20 U.S. metropolitan areas fell in February by the most on record, pointing to an imbalance between supply and demand that shows no sign of ending. The S&P/Case-Shiller home-price index dropped 12.7% from a year earlier, more than forecast and the most since the figures were first published in 2001. The gauge has fallen every month since January 2007... "This is just one more strain for consumers, in addition to high energy prices and tight credit," said Michelle Meyer, an economist at Lehman Brothers Holdings Inc. in New York, which forecast a price decline of 12.4%. "Prices are going to continue to fall, probably through the end of next year"... The group's 10-city composite index, with a history bac
New-Home Sales in U.S. Plunge More Than Forecast, the Lowest in 17yrs by Bloomberg - snip:Purchases of new homes in the U.S. plunged more than forecast in March to the lowest level in almost 17 years as stricter loan rules and falling prices caused buyers to hold off. Sales dropped 8.5 percent to an annual pace of 526,000, the fewest since October 1991, from a 575,000 rate the prior month, the Commerce Department said today in Washington. The median sales price slumped 13.3 percent from the same time last year, the most in almost four decades. A jump in subprime mortgage defaults and record foreclosures have worsened the real-estate slump and led banks to limit lending. The threat of a prolonged recession is growing as lower home values constrain consumer spending and persistent declines
With foam inserts, this Aubade bra is designed in a plunge style and boosts the bust. Trimmed with lace at the cleavage, it has an outer layer of finely pleated mesh that is finished with a ribbon rose. It fastens at the rear with two hooks
Publisher’s Description :
The tiny monkey wants to navigate his way down through five different levels: Jungle, Canyon, Falls, Volcanos and Sky Scrapes. You have to help him by using the arrow keys to move the monkey to the right or left and jump from one platform to another.
The monkey has to go down, not [...]
WASHINGTON (Reuters) — Consumer prices rose a less-than-expected 0.3% in March, leaving the Federal Reserve some room to lower interest rates to ward off a housing-led slowdown, and the construction of new homes plunged in March to the lowest level in 17 years, according to reports Wednesday.While the slide in the housing sector continued, industrial production unexpectedly rebounded as utilities raised output due to colder weather, according to the Fed, making up for weak manufacturing growth.And a fourth report showed that higher prices and rising unemployment resulted in falling wages in March. After adjusting for inflation, average weekly earnings for non-supervisory employees dropped 1% last month, compared to the same period a year ago. It was the sixth month that inflation-adjuste
The art market was bound to be affected by the turbulence seen in international stock markets this first quarter. As the impact of the subprime crisis rippled out through financial systems and the international economy, seven years of soaring gains in the price of artworks were brought to an abrupt halt. For the first time since the twin towers attack of 11 September 2001, the art market has been showing signs of a fall. According to the International Monetary fund, the financial crisis will cost close to USD 1 trillion. The IMF goes on to explain in its latest Global Financial Stability Report that the crisis has now spread beyond the US subprime market and, specifically, is now impacting the leading markets for office and residential property, consumer credit and corporate debt.In this e
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Her Bionic Woman Hollywood dream may have prematurely short circuited, but Michelle Ryan hasn't given up on happily ever after.
The former EastEnders actress has been spotted filming wedding scenes for her new series Mr Eleven in London yesterday, after she abandoned her hopes to conquer the US.
Blushing bride: Michelle Ryan filmed scenes for her new TV show Mr Eleven in London yesterday
Housing prices are down across the US. Perhaps it is appropriate that it is in the world's capital of gambling that they are down the most. According to...
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The US Treasury Secretary gave warning today that there is more pain ahead in the American housing market after he said prices must be allowed to drop before the economy can stabilise.It emerged yesterday that house prices in 20 US cities had declined by 10.7 per cent in the 12 months to January — the worst fall in more than 20 years.
At the end of the second week in March (March 14), the volume of mortgage applications plunged by almost 3 percent. This is according to a survey conducted on weekly applications by the Mortgage Bankers Association. The index fell from 671.7 to 652 that same week.
