Finance & Mortgage

FED To Hold Lenders'Feet to the Fire on Mortgages

Frustrated Federal Reserve policymakers on Monday sought an explanation from mortgage lenders as to why the benefits of lower interest rates were not filtering to home buyers as quickly as in the past even as investors benefited.

Mortgage Rates, Near Record Low, Level Off, May Signal Housing Comeback

As the economy ekes its way towards recovery, there's good news today for homebuyers: Average U.S. rates on fixed mortgages fell to record lows this week,

New Home Sales Stagnant, Cast Shadow on Housing

New U.S. single-family home sales fell slightly in October and sales for the prior month were revised sharply lower, casting a faint shadow over one of the brighter spots in the U.S. economy.