
Market Moves
Housing Surge May Be Ebbing, Economist Says
Much of the action has been in the high end of the market, notes TS Lombard’s Brennan.
MBS, which got flattened in March, are on the mend, but some warning signs linger. Like, what if the recession caves the housing market?
Financial giant’s founder, apparently not serious, joins locals in kvetching about city’s high prices.
A new form of SRI: secure retirement income.
New home sales pick up, but existing ones still lag.
According to an economist at the bank, lower mortgage rates should improve the situation, which provokes eerie memories.