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Mortgage Rates

Bank Outlook 2012: Six Trends to Watch

Richard Barrington | Posted 02.20.2012 | Business
Richard Barrington

Will customers be treated to higher deposit or higher fees? Or will a wild card such as technology dominate banking news in 2012?

What Will Boost Real Estate?

Harlan Green | Posted 12.02.2011 | Business
Harlan Green

When two presidents -- President Obama in his new jobs plan and President Clinton on the Sunday TV talk shows -- say that real estate has to recover for our economy to recover, it should take precedence in discussions on how to boost economy growth.

Good Credit Not Enough For Homebuyers Looking For A Loan

USA TODAY | By Julie Schmit | Posted 11.14.2011 | Business

Homebuyers such as Bob and Janet Zych have fueled the U.S. housing market for decades. They have excellent credit with scores that top 800, life-lo...

Applications For Mortgages Surge On Refinancing Demand

Posted 09.19.2011 | Business

Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rates re...

Rising Mortgage Rates Could Spook Reluctant Home Buyers

The Huffington Post | Abby Wendle | Posted 05.25.2011 | Business

The rebound in interest rates may prevent already reluctant buyers from taking out a mortgage or refinancing their home according to a recent report f...

CHART: How Banks Bought Their Own Mortgage Securities During The Boom

Posted 05.25.2011 | Business

If you're in the market for a detailed, if byzantine, explanation of how banks ended up repackaging and buying their own own securities during the hou...

Teacher Loses Home Loan Over School Supplies

Mary Tootikian | Posted 05.25.2011 | Impact
Mary Tootikian

Educators beware. The next time you buy supplies to help out your school and then take the 2106 expense deduction on your tax return, it could cost you approval of your home loan.

Mortgage Rates Are At Record-Lows -- So Why Is The Housing Market Slumping? | Dina ElBoghdady | Posted 05.25.2011 | Business

The sudden weakness in residential real estate has struck nearly every region of the country, according to recent government and industry data, drivin...

Will Lower Interest Rates Jumpstart Housing (CHART OF THE DAY)

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

Siding with Washington Post's's Ezra Klein, on his blog, Paul Krugman wants to clear the air about the comparisons being made between the economic ten...

Mortgage Rates Hit 50-Year Lows But Who Cares? | Ann Brenoff | Posted 05.25.2011 | Business

The good news: Mortgage rates dropped to their lowest levels in more than 50 years. The bad news: You need to have a job and impeccable credit to get...

Economy Recovers Under Obama

Daniel Bruno Sanz | Posted 05.25.2011 | Business
Daniel Bruno Sanz

Retail sales unexpectedly climbed 0.3 % in February. In America's consumer driven economy, retail sales lead the way out of business recession and consequent double-digit unemployment.

Bank VP Says Zero Mortgages Modified At His Bank, Instead Homeowners Get 'Runaround' (VIDEO)

Posted 05.25.2011 | Business

A vice president at one of the nation's biggest banks told ABC News that his bank works to give struggling homeowners "the runaround" by directing the...

Bargain Basement Buyers

Lita Smith-Mines | Posted 05.25.2011 | Business
Lita Smith-Mines

Like last season's must-haves now crowded into clearance racks, some buyers just won't make their moves until the "final markdown" signs start appearing on the lawns of houses for sale.

Shahien Nasiripour

Paul Volcker Says Mortgage Market Will 'Have To Be Reconstructed' (VIDEO) | Shahien Nasiripour | Posted 05.25.2011 | Business

Former Federal Reserve Chairman Paul Volcker said the nation's home mortgage market is in trouble and will have to be "reconstructed." "It's totall...

Mortgage Rate Forecasts: Rates Likely To Rise Once Fed Stops Buying Mortgage-Backed Securities | Posted 05.25.2011 | Business

From Carolyn Said at the San Francisco Chronicle: Mortgage rates poised to jump as Fed cuts funds....

Fed's Housing Stimulus Program Divides Central Bank Officials

Posted 05.25.2011 | Business

WASHINGTON (JEANNINE AVERSA -- AP) -- Some Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intend...

Credit Scores: Take a Lesson From Michael Jackson

Jeanne Kelly | Posted 05.25.2011 | Business
Jeanne Kelly

When I explain that most of my clients have good incomes, people become even more perplexed. Why, if they make so much money, are their FICO scores so low?

10 Charts To See Before You Buy A Home: Michael David White | Michael David White | Posted 05.25.2011 | Business

Michael David White lays out ten charts he recommends every home buyer see before taking out a mortgage....

Three Things Still Wrong With the Housing Market

Charlie Farrell | Posted 05.25.2011 | Business
Charlie Farrell

We've gotten a bit of good news lately on the housing front with more new home sales and a slight bump in home prices, but the market is still completely dysfunctional.

12 Rules for the Housing Market Turnaround

Jill Schlesinger | Posted 05.25.2011 | Business
Jill Schlesinger

2009-06-24-Housing.jpg You may not realize it, but the Fed has helped the housing market. On The Early Show this morning, I discussed what buyers, sellers should be doing to take advantage.

Adjust Rate Mortgage Impact Could Be Worse Than Subprime Crisis | Kevin G. Hall | Posted 05.25.2011 | Business

WASHINGTON -- Call it son of subprime. Experts warn that a new wave of mortgage foreclosures may be coming soon and could rival the default rates for ...

Mortgage Rates, Defaults Rise: Bernake's Plan Stumbles | Brian Louis and Oshrat Carmiel | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben S. Bernanke's efforts to bring down borrowing costs to revive the housing market and help the economy are stalling. Mortg...

How To Lock In The Lowest Mortgage Rate In Today's Tough Market: LA Times

LA Times | Kathy M. Kristof | Posted 05.25.2011 | Business

The days of scoring a great loan despite having a modest amount of equity and so-so credit are over as lenders tighten their standards. That's why it'...

Mortgage Rates Easing for Consumer-Driven Rebound | Kathleen M. Howley | Posted 05.25.2011 | Business

April 3 (Bloomberg) -- U.S. Federal Reserve Chairman Ben Bernanke is delivering what he promised five months ago, record- low mortgage rates and a ref...

Loosen Mortgage Lending Standards

Mike Garibaldi-Frick | Posted 05.25.2011 | Business
Mike Garibaldi-Frick

We can continue bailing out the banks and Wall Street or, we can take a more reasonable approach by helping out the middle class in a real tangible way.