Towering student debt load likely shutting young Americans out of housing market, NY Fed says
Younger Americans are struggling to keep up with steadily-rising student debt loads, a burden that is limiting their ability to buy homes.
Average US rate on 30-year mortgage rises to 3.69 percent, 15-year rate up to 2.99 percent
Average long-term U.S. mortgage rates rose this week yet remained near historically low levels.
Federal appeals court in New York City OKs class-action status for debt collection lawsuits
Lawsuits aimed at stopping debt collectors from using fraudulent means to collect money can proceed on behalf of a larger class of potential victims, a federal appeals court said Tuesday in a case watched closely by consumer groups.
US consumer borrowing expected to show slight increase in December
The Federal Reserve releases its December report on consumer borrowing Friday at 3 p.m. Eastern.
Average US rate on 30-year mortgage falls to 3.59 pct as long-term rates resume downward trend
Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week.
Average US mortgage rates this week and for the past year, at a glance
Average U.S. long-term mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week.
US home prices increases slowed in December on weak demand; prices fall in 3 states
U.S. home values rose at a modest pace in December, a sign there are too few potential buyers to bid up prices.
Rates of usage for payday loans, listed by state, as regulators plan rules to shield borrowers
The share of people in each state who reported taking out a payday loan in the past five years, which ranged from 1 percent to 13 percent, according to a 2012 survey by Pew Charitable Trusts.
Average US rate on 30-year mortgage rises to 3.66 pct.; still near historically low level
Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
Average US mortgage rates this week and for the past year, at a glance
Average U.S. long-term mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
Changes on US-backed home loans should help first-time buyers, but financing hurdles remain
Uncle Sam wants to make it more affordable for Americans to buy their first home.
Supreme Court: Home buyers can write letter to back out of mortgage for lending violations
A unanimous Supreme Court says home buyers don't need to file a lawsuit, but may simply write a letter if they want to back out of a mortgage because they claim their lender violated the federal Truth in Lending Act.
Debt collector agrees to vacate $18M in improper claims in settlement with New York
A debt collection agency has agreed to waive nearly $18 million in improper judgments in a settlement with New York state.
US consumer borrowing rises by $14.1 billion in November despite drop in credit card borrowing
U.S. consumers increased their borrowing in November, as stronger demand for auto and student loans offset a drop in credit card debt.
US consumer borrowing expected to show another big gain for November
The Federal Reserve releases its November report on consumer borrowing.
Obama to tout housing initiative in Arizona, symbol of nation's real estate crisis, recovery
President Barack Obama is returning to Arizona to promote home ownership in a state that has served as a symbol of the nation's real estate crisis and recovery.
Obama to reduce FHA mortgage premium rate for first-time buyers; goal is to boost home buying
First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums.
Average US 30-year mortgage rates rise slightly to 3.87 percent, still near 19-month low
Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low.
Small Michigan college sees local benefit, national potential in loan reimbursement program
When it came time to pick a college, Abby Slusher leaned toward a private school near her southeastern Michigan home for the small campus and class sizes.
Average US 30-year mortgage rate edges up to 3.83 percent, near 19-month low
Average U.S. mortgage rates rose slightly this week but the benchmark 30-year low remained very close to the 19-month low hit last week.
