| ADVERTISEMENT ONLY 24 HOURS LEFT to save over $170 on Connect SF '09 Registration. Discover technologies that will save you money! REGISTER TODAY TODAY'S TOP STORIES = Premium Member News - Join Now » Friday, June 19, 2009 Return of the 'Bond Vigilantes' Long-term rates dipped briefly this week on shaky economic data, the 10-year Treasury to 3.59 percent and mortgages to 5.375 percent, but ran right back up in the shadow of another $104 billion in new Treasury borrowing next week. Optimists tried to find a housing bottom in modest rises in starts and new permits, but the reports were garbled by apartment overweight, and the reality is the same: New-home construction is steady 77 percent below the 2005 total. Inflation may come, but not now, CPI up 0.1 percent in May, no way to rise with industrial capacity utilization at a new-record low 68.3 percent (health = 80 percent-plus), and production off another 1.1 percent. More » Feds see foreclosures as top priority New federal program holds promise, say officials Defaults, fraud drain FHA fund Premium increase or bailout could be needed 'Rigorous' inspections becoming de rigueur Home Sale Hindsight Architects do more with less A look at R. Buckminster Fuller's efficient designs OTHER TOP STORIES Foreclosure expert almost lost first home Real Estate Connect Speaker Profile: Sean O'Toole High-end sales boost home prices More 'jumbo' sales in S.F., L.A. regions First-time buyer credit not a cure-all Qualifying for mortgage is the real test Selling to the super-rich From Global Edge Latest News » NOTABLE QUOTE "The most frequent reason buyers and sellers come to dislike each other is because the agent talks about one party to the other." --Rich Levin HOME IMPROVEMENT Pros and cons of linoleum flooring Despite practicality, resale value weak Load-bearing walls and remodel fears Opening up floor plan could involve major work 'Ghosting' rears its head after paint job How can homeowner prevent soot formations? More Home Improvement » |
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