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Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg) March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Canada Mortgage and Housing Corporation: New Home Construction Moved Up (Marketwire) LONDON, ONTARIO--(Marketwire - March 8, 2010) - New home starts were up in the London Census Metropolitan Area 1 (CMA) in February 2010 according to preliminary figures released today by Canada Mortgage and Housing Corporation (CMHC). Compared to February 2009, total starts quadrupled, with single-detached home starts increasing to 150 units from 28 units. "Single-detached home construction has ...