The recession and the subprime mortgage crisis hit Florida with hurricane force, leaving a wake of home foreclosures and more than 10 percent unemployment at its peak. Four years later, the state still works hard to build back its economic strength.
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Slow but steady grows the Florida economy
Posted by mortgage 6 days ago (Editorial)
Rates Sink On Slow Recovery
Posted by mortgage 53 days ago (Editorial)
Mortgage rates dropped this week, as the latest economic data disappointed investors and the Fed reminded them that the economy is far from recovery. The benchmark 30-year fixed-rate mortgage fell to 4.23 percent, compared to 4.29 percent the previous
Investors impatient with banks' slow recovery
Posted by mortgage 287 days ago (Editorial)
Even though financial stocks rose along with the market Tuesday, the stock market declines of the last few weeks have been especially harsh on banking stocks.
Mortgage Bond Sales Surge as Debt Markets Slow: Australia Credit
Posted by mortgage 308 days ago (Editorial)
Mortgage bond sales in Australia are accelerating from the busiest half since 2007, with investors snapping up higher-yielding notes while other corporate debt offerings slow amid Europe?s sovereign crisis.
Home construction to slow in second half of 2011: Canada Mortgage and Housing
Posted by mortgage 359 days ago (Editorial)
OTTAWA - The pace of home building across the country is expected to slow in the second half of this year, resulting in fewer housing starts in 2011 than last year, Canada Mortgage and Housing Corp. reported Monday.
Home sales stabilizing, but rising mortgage rates, job losses to slow recovery (Canadian Business)
Posted by mortgage 1064 days ago (Editorial)
WASHINGTON - Home sales in the United States may have finally hit bottom, new data shows, but a host of thorny problems are hindering any
Home sales stabilizing, but rising mortgage rates, job losses to slow recovery (The Canadian Press via Yahoo! Canada News)
Posted by mortgage 1064 days ago (Editorial)
WASHINGTON - Home sales in the United States may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery.
Home sales stabilizing, but rising mortgage rates, job losses likely to slow housing recovery (Minneapolis-St. Paul Star Tribune)
Posted by mortgage 1064 days ago (Editorial)
WASHINGTON - Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery. Sales of previously occupied homes rose by 2.4 percent from April to May ? the third monthly increase this year ? but the results missed analysts' expectations.
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