Don't take mortgage advice from Alan Greenspan - 2004-03-01
Last week, Alan Greenspan was a sample of contradiction. On Monday, he touted the virtues of the levered-up homeowner to a credit union conference. The next day, in a speech to the Senate Banking Committee, he was singing a different tune altogether.

Fannie Mae and Freddie Mac, the giant providers of mortgage capital, he warned, "are expanding at a pace beyond that consistent with systemic safety," and that "preventative actions are required sooner, rather than later."
Read the full story at CNBC

Construction Outlays Slip in January - 2004-03-01
U.S. spending on new construction fell unexpectedly in January, a Commerce Department report indicated on Monday, reflecting continued weakness in commercial building.

The average interest rate on a conventional 30-year fixed mortgage fell in January to 5.74 percent from 5.88 percent in December, its lowest since July 2003. For the year ended in January, private housing construction was up by 11.4 percent.
Read the full story at Reuters