Finance & Mortgage
US Average Fixed Mortgage Rates Rise after Six Weeks
China’s home prices fall in May for the first time in two years
US Mortgage Rates Decline for Fifth Straight Week
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The U.S. real estate recovery has been slow albeit steady. This year's winter dampened what could be a good time for home investment. However, experts believe that the spring market will pick up steam. US Mortgage Applications Inch Up 3.6 percent as Interest Rates Hit Record Low
The number of home loan applications went up 3.6 percent this week as mortgage rates hit record lows, according to the Mortgage Banking Association. Living near a foreclosed property could increase blood pressure, study finds
Foreclosures are not just a depressing factor for the owners of the property, but for the neighbors too. A new study conducted by scientists at the Harvard and the National Institutes of Health states that living near a foreclosed home could elevate blood pressure to dangerous levels. Democrats disagree on senate bill to wind down Fannie Mae and Freddie Mac
The recent bill discussed at the senate to wind down Fannie Mae and Freddie Mac, the two government-backed lending giants, was opposed by six democrats, who said they won’t change their stand if major alterations aren’t made to the bill. Fixed mortgage rates hit lowest level in 2014
The average fixed mortgage rates in the U.S. fell to a new low this week, driving down borrowing costs. This week’s rates are the lowest since January 2014, according to Freddie Mac’s latest mortgage survey. Fannie Mae, Freddie Mac: Senate delays bill despite enough support
The much-anticipated senate vote on the bill to eliminate Fannie Mae and Freddie Mac, the two government backed mortgage giants, was postponed Tuesday as the leaders wanted to gather enough support for the bill despite having enough support from the panelists. Pending home sales edge up 3.4 percent in March; NAR
Pending home sales in the U.S. went up 3.4 percent in March 2014 making it the first gain in the previous nine months, the National Association of Realtors (NAR) announced Monday. Update: Fannie Mae and Freddie Mac Elimination bill to be discussed in senate
The bill to wind down Fannie Mae and Freddie Mac, the two government backed mortgage giants that were rescued after the housing market crash in 2008, will be discussed in the senate Tuesday as officials gather to decide the fate of the two lending firms. Housing markets improving across states in US, Freddie Mac survey
Housing markets have been improving across all the states in the U.S., according to a recent survey conducted by Freddie Mac, the government backed lending giant. Barclays PLC to settle lawsuit with FHFA for $280 million
Barclays PLC, the global financial institution announced Thursday that it has reached an agreement to settle a faulty mortgage lawsuit with the Federal Housing and Finance Association (FHFA) for $280 million.