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A lot of factors make the economic recovery slow, though, the economists expect such slowdown to be temporary. When will US economy recover?

The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job.

Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery…

The central point of recovery efforts was to give the opportunity for businesses to get the funds they need. Stimulus funds and loans were aimed to create job places by means of small businesses. Although, a lot of low-interest loans and even no-interest advances are kept unused.

Some signs of recovery appeared in the sphere of the housing market. Fewer US home loans are going delinquent and the rates of new problem loans are declining.

Downgrade of the US credit rating is possible. That is the last thing consumers, businesses and investors require in frail economic recovery.

The delinquency rate on mortgage loans increase slightly moving the recovery of the housing market. Fewer foreclosures give reason for hope.

The Bank of America has made a significant step on the way to the housing market recovery. The bank agreed to settle with its 22 investors.

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