New Reports Show U.S. Housing Market Rebounding
March 26, 2009 at 10:21 AM EDT
The government’s efforts to put a floor under the U.S. housing market and halt a withering onslaught of foreclosures appeared to bear fruit yesterday (Wednesday), as a bevy of news indicated the housing sector might be stabilizing. Leading the way was a report from the Mortgage Bankers Association that U.S. mortgage applications soared…