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| Mortgage News |
U.S. Economy: Productivity Jumps, Cost of Labor - 2007-02-07 U.S. worker productivity expanded at the fastest rate in close to a year last quarter and labor costs increased at a slower pace, indicating that wages may pose less of an inflation threat. The 3 percent gain in productivity, a measure of how much an employee produces for each hour of work, followed a revised 0.1 percent decline in the third quarter, the Labor Department declared today in Washington. Read the full story at Bloomberg |
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Real estate investments still look like solid bets - 2007-02-07 If you've attempted to sell your house lately, you may have noticed that many of your neighbors have, too.
So it may surprise you to know that while the residential market has been recently weak, real estate funds have climbed up an average 35 percent over the past 12 months. Will they keep up this pace? Not likely. But bold investors might be able to enjoy healthy gains in real estate stocks or a real estate mutual fund. Read the full story at Montgomery Advertiser |
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