Topics :: mortgages

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Mortgage Rates Keep Rising After Trump's Election Win

Mortgage Rates Keep Rising After Trump's Election Win

By Paul Wiseman | Nov 28
Long-term U.S. mortgage rates continued to surge this week in the aftermath of Donald Trump's election win.

US New Home Sales Plunge As Mortgage Rates Rise

By Chris Rugaber | Aug 23
Americans cut back sharply in July on their purchases of new homes, a sign that higher mortgage rates may weigh on the housing recovery.

Fannie Mae Posts $10.1 B Net Income for 2Q

By Marcy Gordon | Aug 9
Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-controlled company has turned a profit in each of the past six quarters.

Obama Heads to Phoenix to Pitch Mortgage Reform

By Julie Pace | Aug 6
President Barack Obama is proposing to overhaul the nation’s mortgage finance system, including shutting down government-backed Fannie Mae and Freddie Mac - a plan with bipartisan support on Capitol Hill.

Bank of America Fined for Refusing Lesbian Couple Loan

By Jason St. Amand | Jan 7
Bank of America settled a discrimination claim filed by a Florida lesbian couple who were denied a loan because they were an unmarried same-sex couple.

House Divided: Gay Couples With a Mortgage

By David Ellis | Apr 3
A recent decision by a tax court means that legally recognized same-sex couples cannot take separate deductions on mortgage interest, even though the federal government doesn’t recognize their union.

More Americans at Risk of Foreclosure

By DEREK KRAVITZ | Aug 24
The number of Americans at risk of foreclosure is rising, reflecting the U.S. economy’s continued struggles.

Mortgage Rates Hit Low of 4.54 Percent

By J.W. ELPHINSTON | Jul 30
Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.

Senate votes to rein in mortgage lenders

By Jim Kuhnhenn | May 13
Taking aim at deceptive lending, the Senate on Wednesday voted to ban mortgage brokers and loan officers from getting greater pay for offering higher interest rates on loans, and to require that borrowers prove they can repay their loans.

Freddie Mac: mortgage rates sink to 6-week low

May 7
Rates for 30-year fixed mortgages have fallen to their lowest level in six weeks, Freddie Mac said Thursday. Read more...

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