High-Yield Default Rate on the Rise: Moody’s
Defaults are “on a disconcerting uptrend, which has kept investors on edge,” says Benjamin Garber, an economist with Moody’s Capital Markets Research.
Under the Hood: What You Need to Know About HARP Mortgages
The government program to help homeowners who have ‘under-water’ mortgages is still running, and many people remain eligible.
Gundlach: Golden Age of Housing Is Over
CEO Jeffrey Gundlach of DoubleLine says the fundamentals of the housing market are weak and that the recession has scarred a generation of home buyers.
JPMorgan's Kelly: Housing Market Turnaround Is at Hand
After years of housing market decline that has weakened the economy and depressed consumer sentiment, a number of analyses are strongly suggesting that a turnaround in the beaten sector may finally be at hand.
In China, New Home Sales Are Up, Up, Up
While U.S. homeowners are lamenting the continuing depression in real estate prices and slack sales in cities across the nation despite record-low mortgage rates, home prices in China are at record highs in all 70 cities.