The U.S. housing market was uniquely vulnerable to collapse, suggests a new working paper from the Bank for International Settlements.
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This week’s collapse of one big-name investment firm and the takeover of another winnowed the market on Wall Street for bonds sold by Rhode Island’s public housing finance agency to provide low-interest loans for first-time homebuyers.
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AP - Homeowners rushed to take advantage of last week’s drop in interest rates following the government’s takeover of Fannie Mae and Freddie Mac, but rates are rising again on investor fears about the eroding conditions in financial markets.
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Trailer: Ty E. Woods, the Director of the Office of Rent Stabilization, was the special guest on this episode of the Longines Chronoscope. Nearly all big cities,…
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NYU Professor Lawrence White on the Future of Housing
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M ortgage loans that allowed you to buy without a down payment were a fast ticket to homeownership for many first-time buyers over the past decade.

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The number of homes changing hands has fallen to a record low as potential buyers continue to stay away from the market.
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Sydney homeowners have been shocked by predictions that average prices could fall 30 percent over the next two years.
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