August 13, 2009 Top News Fed gathers to tak e U.S. econom y's pulse - USA Today - - WASHINGTON - With the U.S.
economy turning a corner, Federal Reserve policymakers will consider whether some programs intended to ease the recession and stem the financial crisis should be extended. Fed leaves U.S. rates at historic lows, plans to gradually reduce Treasury purchases MarketW atch - - Economy leveling out; Fed vows to keep rates low for a long time Explore
related topics Story Comments Screener (19) AlertEmail Print WASHINGTON (MarketWatch) The Federal Open Market Committee promised again Wednesday to keep interest rates The gif t of TARP keeps giving at Citigroup - CNN - - NEW YORK (CNNMoney.com) -Citigroup said Tuesday it provided $6 billion in new loans backed by taxpayer money in the latest quarter, with most of those funds going to state and local governments and propping up the housing market. No Deal Yet Between BofA and the SEC - BusinessW eek - - A federal judge refused to approve a proposed settlement between Bank of America and the U.S. Securities and Exchange Commission over the payment of bonuses to Merrill Lynch employees, saying he was unable to determine if it was fair to the public. Mortgage applications tak e a dip as rates rise - MarketW atch - - Story Comments Screener (7) AlertEmail Print CHICAGO (MarketWatch) -- Mortgage rates jumped last week, prompting the volume of home-loan applications to slip a seasonally adjusted 3.5% compared with the previous week, the Mortgage Bankers Association‌ Market News Hom e sales up 3.8% for quarter; rising f oreclosures drop prices - USA Today - - Home sales
rose in most of the country in the second quarter compared with the first, a trend driven by falling prices, lower interest rates, and a tax credit for first-time home buyers. Pending home sales ride their win streak - MarketW atch - - Story Comments Screener (206) AlertEmail Print WASHINGTON (MarketWatch) -- Boosted by low interest rates and bargain home prices, pending sales of existing homes rose in June for the fifth straight month, the longest streak of gains since 2003, a real Foreclosure postings spik e in July - CNN - - The housing market is still sick, with a record number of foreclosure filings posted in July. EMAIL| PRINT | SHARE | RSS TWITTER DIGG FACEBOOK DEL.ICIO. Residential Real Estate Forecasters W anted - BusinessW eek - - It is heartening that much of the business press is coming around to my position that the residential real estate market is poised for a rebound. But not everyone agrees with me.