Home Mortgage

US existing-home sales climbed 3 percent in February

U.S. sales of existing homes rebounded in February after declining for the previous two months, a sign that many Americans are still looking to buy despite rising prices and a shrinking number of homes available on the market.

Correction: Congress-Banking-Mortgage Data story

Buried within new Senate legislation to roll back restraints on banks is a provision that would exempt an estimated 85 percent of all U.S. banks and credit unions from public reporting requirements, raising fears that discriminatory practices by lenders could go undetected.

US mortgage rates climb to 4-year high

Long-term U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional spring home buying season.

Long-term mortgage rates climb to 4.40 percent

Long-term U.S. mortgage rates crept higher this week, upping the costs of borrowing to purchase a home just as more of the millennial generation is entering the real estate market.

Business Highlights

___ US mortgage rates climb to a nearly 4-year peak WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years.