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New-home building remains stagnant in Triangle Why aren't more new homes getting built in the Triangle? For the past several years, you didn't have to look very hard to find plenty of reasons to explain the lack of new residential construction taking place. newsobserver.com
Mortgage Relief Plan Aims at Refinancing President Obama said a new package of legislation would make it easier for millions of homeowners to refinance at today’s historically low interest rates. www.nytimes.com
Why are house movers not moving? Existing home owners, not just first-time buyers, are finding it difficult to finance their house moves, says senior economist. uk.finance.yahoo.com
Housing Bust, Baby Bust Say you bought a sprawling ranch-style house in 2007, with a guest room just begging to be turned into a nursery. If you lived in Las Vegas, that house today would probably be worth barely a third of what you paid. If you bought in Phoenix or Miami or Detroit, it would be worth about half your purchase price. In every case you’d most likely be underwater on your mortgage, with no hope of tapping ... news.yahoo.com
Investors Have a Sweet Tooth for Dunkin' Brands Calls Dunkin' Brands (DNKN - 28.59) saw a rush of call activity on Thursday, as more than 3,300 of these options were exchanged, reflecting six times the equity's average daily volume...( Read More ) www.schaeffersresearch.com
Smart Money Owns More Equities Says IQ Study of Who Buys Stocks The smarter you are, the more stock you probably own, according to researchers who say they found a direct link between IQ and equity market participation. www.businessweek.com
Fannie, Freddie writedowns too costly: regulator The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion ... finance.yahoo.com
THE DISTILLERY: Private equity pinch? One commentator examines recent private equity moves and finds things may not be as they seem. 27 Jan 2012 7:19 AM www.businessspectator.com.au
Cutting OAS costs necessary for future fiscal health of government: Flaherty OTTAWA - The federal government considers it imperative to cut the costs of public pensions and intends to propose future reforms in the budget, Finance Minister Jim Flaherty says. ca.news.yahoo.com
5 Lessons from Michael Lewis Two recent books by former bond trader Michael Lewis, The Big Short and Boomerang , set out to explain the financial crisis of the 2000s. In the 2010 book The Big Short, he traces the experience of a few ... finance.yahoo.com
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