U.S. pending home sales hit 10-month low in October

(Reuters) - Contracts to buy previously owned U.S. homes fell for a fifth straight month in October, hitting a 10-month low and adding to signs of cooling in the housing market.

Home prices rise strong 12.1 per cent in June

WASHINGTON: US home prices rose 12.1 per cent in June from a year earlier, nearly matching a seven-year high. But month-over-month price gains slowed in most markets, a sign that higher mortgage rates may weigh on the housing recovery.

How the Fed can taper without killing housing

The pressure is on for the central bank to gradually start winding down its bond-buying program soon. Many fear that a pullback on current Fed policy might cause mortgage rates to skyrocket -- which could choke off home sales and drag down economic growth.

Rising interest rates set to make external commercial borrowing route unviable

MUMBAI: The government's move to widen the scope of external commercial borrowing to let the debt-laden telecom and aviation companies raise funds overseas may be too little and too late as rising global interest rates will make borrowing in US dollars unviable.