Average US rate on 30-year mortgage inches up to 3.91 percent; 15-year loan up to 3.11 percent
For the second straight week, average long-term U.S. mortgage rates inched up this week as financial markets awaited the Federal Reserve's crucial decision on interest rates.
Even as Fed deliberates rate hikes, the era of cheap credit will continue
Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something slightly higher.
As the global economy struggles, stronger dollar means cheaper gas and less inflation in US
As the global economy has weakened, a forcefully stronger U.S. dollar has emerged.
Still a Recession for Typical American Family?
It’s Fed day, finally! And the government released bleak statistics this week on household income. Plus, don’t tell Versace that home prices are rising. Here is the morning business outlook for Wednesday.
OECD Warns Interest Rates Could Spike when Fed Slows QE3
After flooding banks with cash, the OECD warns the central bank must now find a way to slowly tighten the money spigot without dealing a painful shock to the recovery.
Why Not to Panic Over Rising Interest Rates
The Federal Reserve Board is expected to raise interest rates soon, but what does that really mean? Learn what affect the rate hike will have on your loans.
Fannie and Freddie Restart Risky 'Affordable Housing' Programs
Are Fannie Mae and Freddie Mac relapsing with lenient lending initiatives?
Lou Dobbs: It’s Time to Resuscitate the Middle Class
The key to restoring prosperity in America can be tied directly to the boosting the middle class.
The Myth of the 'Strong' Obama Economy
Strong. Durable. President Obama used those words this week to describe the American economy during his State of the Union speech. But that will be called into question at the next GOP debate on the FOX Business Network. What's the reality?
Obamas Eyeing West Coast Mansion?
The First Family is reportedly planning to swap the historic scenic views of Washington, D.C. for those of sunny California.
Freddie Mac Rakes in $8.6B in 4Q Profits, Repays $71.3 Billion Bailout
Freddie Mac said on Thursday it will soon send the U.S. Treasury a $10.4 billion dividend after posting a ninth-straight quarterly profit, putting taxpayers further into the black on their bailout of the mortgage giant.
Lumber Liquidators Rallies as CDC Says Laminate Flooring OK
Lumber Liquidators rallied after U.S. regulators said the retailer’s China-made laminate flooring carries low risks of causing cancer.
Average US rate on 30-year mortgage rises to 3.89 percent; 15-year loan up to 3.09 percent
Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy.
Average US rate on 30-year mortgage falls to 3.98 percent; 15-year rate down to 3.17 percent
Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.
NY regulators: 11 banks, mortgage companies, credit unions agree to monitor vacant properties
New York regulators say 11 lenders have agreed to regularly monitor and maintain vacant properties in an effort to combat neighborhood blight.
1000s of Detroit-area property owners apply for help to avoid foreclosure; deadline Tuesday
Up to 17,000 Detroit-area property owners have entered into payment plans hoping to avoid losing their homes to tax foreclosure, and that number will likely rise.
Average US rate on 30-year mortgage rises to 3.76 percent; 15-year rate up to 3.05 percent
Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
Average rate on 30-year mortgage falls to 3.63 pct.; lowest since May 2013
Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
Different housing markets, politics, multiple bond markets all complicate ECB stimulus effort
Big bang or disappointment? Markets are waiting to see just how much financial firepower the European Central Bank will unleash Thursday, when it is expected to announce large-scale purchases of government bonds with newly printed money to stimulate a sluggish economy.
Average rate on 30-year mortgage falls to 3.66 pct, lowest since May 2013; 15-year below 3 pct
Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.






