Morning Scan: Housing Market Looks Lukewarm; Rating Agencies Red-Hot

Receiving Wide Coverage ...

Housing's Tepid Bloom: The housing market recovery is looking a little soft these days. New home sales hit an eight-month low in March, according to Reuters, while applications for home loans also fell last week. This after the National Association of Realtors on Tuesday announced a drop in existing home sales. The latest numbers call into question the theory that the housing market was only hibernating during a tough winter, according to...