Ultra-low Fed rates stoked housing boom: Taylor
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JACKSON HOLE, Wyoming  - In rare public criticism of Alan Greenspan, former U.S. Undersecretary for International Affairs John Taylor said on Saturday that ultra-low Federal Reserve interest rates had stoked the U.S. housing boom and subsequent bust.
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New mortgage accelerator loans promise faster debt repayment.
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Sales of existing U.S. homes surged  unexpectedly by 3.1 percent in September as low mortgage rates  fueled home buying, a trade association report showed on  Monday.
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Mortgage applications rose for a second straight week, fueled by demand for home loans as interest rates sank to their lowest since May, an industry group's figures showed Wednesday.
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NEW YORK, Aug 18  - New applications for US home loans rose last week while refinancings surged, as 30-year mortgage interest rates fell to their lowest level in over four months, an industry group said on Wednesday.
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New applications for U.S. home loans  rose last week while refinancings surged, as 30-year mortgage  interest rates fell to their lowest level in over four months,  an industry group said on Wednesday.
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Applications for home mortgages jumped to their highest level in nearly four years as low interest rates led more homeowners to seek refinancing, according to data from an industry group on Wednesday.
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Stocks surged on Friday after a speech by Fed Chairman Ben Bernanke spurred speculation for a benchmark interest rate cut next month and President Bush said he would help struggling subprime mortgage borrowers avoid foreclosure.
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Sales of existing U.S. homes rose  unexpectedly to a record high in November and prices surged as  low mortgage rates fueled home-buying, a trade association  report showed on Wednesday.
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The buying power of U.S workers is now rising at the fastest rate since the economic boom of the late 1990s.
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Interest rates on US 30-year and 15-year mortgages rose in the week as the market digested October&#39;s strong jobs report which showed economic growth may be gaining steam, mortgage finance company Freddie Mac said on Thursday
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Sales of existing US homes unexpectedly rose by 2.7 percent in November as low mortgage rates fueled a record pace of home-buying, a trade association report showed on Wednesday.
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Lower oil prices and a strong U.S. commercial property sector will help offset the serious problem of a cooling housing market, Dallas Federal Reserve President Richard Fisher said in a newspaper interview published on Tuesday.
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The US Federal Reserve, headed by Alan Greenspan, raises interest rates by 0.25% in a widely anticipated move.
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Lower oil prices and a strong U.S.  commercial property sector will help offset the serious problem  of a cooling housing market, Dallas Federal Reserve President  Richard Fisher said in a newspaper interview published on  Tuesday.
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New applications for U.S. home  mortgages rose last week as lower interest rates spurred  purchases, an industry group said on Wednesday.
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U.S. mortgage applications rose  sharply last week, fueled by a surge in home refinancing loans  as interest rates sunk to their lowest levels in more than a  year, an industry trade group said on Wednesday.