Housing Starts

Associated Press: "Rates on 30-year mortgages jumped this week to the highest level since mid-March as investors began to worry about what the Federal Reserve will do to combat growing inflation pressures."

The Wall Street Journal: "The home-mortgage industry takes advantage of consumers' confusion to charge some people much higher fees than others, according to a study prepared for the Department of Housing and Urban Development."

The New York Times: "The F.D.I.C. said the combined profit of the financial institutions it regulates plunged 46 percent, to $19.3 billion, during the first three months of the year."

Reuters: "In some areas of California, so many foreclosed homes are available to buy on the cheap that real estate agents are discouraging prospective sellers from even putting their houses on the market."

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