Previously (ETSLTOTL) owned U.S. home sales declined for the third consecutive month in November to the lowest level of the year as rising mortgage rates and a limited supply of properties discouraged buyers.
SAN FRANCISCO (MarketWatch) - Gains from Oracle Corp. and losses from Facebook Inc. stood out among tech stocks Thursday after the business-software giant reported better-than-expected quarterly results and the social-networking kingpin announced ...
NEW YORK (Reuters) - Stocks fell on Thursday, retreating from the record highs the S&P 500 and Dow industrials reached after the Federal Reserve said the economy was strong enough to begin paring its massive stimulus.
WASHINGTON (Reuters) - Home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle in an otherwise brightening economic picture.
Mortgage rates rose a bit this week following positive news on home building, with Freddie Mac saying lenders were offering a 30-year fixed-rate loan at an average of 4.47%, up from 4.42% last week.