(Harrisburg) -- Economists from the Keystone Research Center in Harrisburg say current trends in housing prices suggest more declines to come. Drops in housing prices and jumps in unemployment rates for Pennsylvania increase the risk of mortgage delinquencies and home foreclosures.

It says the unit's resilience in tough times helped boost the company's second-quarter profit 22%. Oil prices are soaring. Home foreclosures are rampant. And many think a recession is at hand. So, where are people heading?

By JEANNINE AVERSA A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems. "High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the ...

A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems. "High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the broader economy," ...

A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems. "High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the broader ...

WASHINGTON -- A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew as he urged Congress to take additional steps to alleviate the problems.

WASHINGTON -- A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems.

WASHINGTON -- Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.

More than 2% of all mortgages in the U.S. were in the process at the end of the fourth quarter. Home equity levels decline. Home foreclosures hit new highs and the amount of equity in homes reached new lows as the housing crisis escalated across the country in 2007, new figures showed Thursday.

WASHINGTON (Reuters) - U.S. home foreclosures hit a record late last year amid a shakedown in the subprime mortgage market that is taking its toll on the broader economy, and the net wealth of U.S. households fell for the first time in five years, data on Thursday showed.