Word: mortgagees
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
The stocks of companies involved in the battered housing industry, which has suffered from soaring mortgage costs, also fell sharply. The shares of Georgia Pacific, a leading lumber producer, dropped 7.1%, to 22⅞, while Ryan Homes Inc., a Pittsburgh home builder, dropped 5.2%, to 18¼. U.S. Home Corp...
July's stunning 15.4% annual rise in the consumer price index dramatized anew a serious flaw in the way the Government measures inflation. The Bureau of Labor Statistics calculates the consumer price index on the basis of the price of a variety of goods and services that an average...
President Reagan's economic advisers admit that the Government should change the CPI, but they hesitate to do it now. They argue that whenever mortgage rates finally drop, the CPI will fall rapidly and automatically cut back Government spending. Says a top Treasury official: "We want to jump off...
Americans buying new houses are exploring a whole range of so-called creative financing schemes to ease the pain of 17% mortgage rates. These include asking the owner to accept part of the home loan and elaborate borrowing plans that trade initial low monthly payments for steeply higher ones later...
The suburbs, Rouse argues, "sucked the blood out of the central cities and left behind some of the urban basket cases we see today." The middle-class exodus from the cities was to a large extent facilitated by the Federal Government, which built the freeways, provided relatively low-interest FHA...