The number of new housing projects that builders broke ground on in February rose sharply, defying economists' forecasts for yet another drop in activity. ...more

March 17, 2009

When will this wretched economy bottom out? The recession is already in its 15th month. For now, everything seems to be getting worse: The Dow is in free-fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. ...more

March 15, 2009

When will this wretched economy bottom out? The recession is already in its 15th month, making it longer than all but two downturns since World War II. For now, everything seems to be getting worse: The Dow is in free fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. ...more

March 7, 2009

A stunning 48 percent of the nation's homeowners who have a subprime, adjustable-rate mortgage are behind on their payments or in foreclosure, and that's not the worst of it, new data Thursday showed. ...more

March 5, 2009

A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy. ...more

December 6, 2008

The financial squeeze on Americans got tighter over the past decade as housing expenses - everything from mortgage payments and rent, to utilities and insurance - far outpaced the growth in incomes, a new study shows. ...more

October 12, 2008

The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. ...more

September 7, 2008

The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. ...more

September 6, 2008