Mortgage Rates

Survey Shows Rise In First-Time Homebuyers

AP | ALEX VEIGA | Posted 11.14.2009 | Business


SAN DIEGO — The housing market welcomed a bigger share of first-time buyers and single women this past year, while a majority of sellers resorte...

Credit Scores: Take a Lesson From Michael Jackson

Jeanne Kelly | Posted 10.07.2009 | 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?

Three Things Still Wrong With the Housing Market

Charlie Farrell | Posted 11.08.2009 | 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 07.25.2009 | 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.

Adjustable Rate Mortgage Impact Could Be Worse Than Subprime Crisis

miamiherald.com | Kevin G. Hall | Posted 07.19.2009 | 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

bloomberg.com | Brian Louis and Oshrat Carmiel | Posted 06.29.2009 | 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 05.05.2009 | 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

bloomberg.com | Kathleen M. Howley | Posted 05.04.2009 | 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...

Citigroup Mortgages Lower For Unemployed

AP | MICHELLE CHAPMAN | Posted 04.03.2009 | Business


NEW YORK — Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months a...

Obama Administration Weighing Plan To Lower Mortgage Rates For Foreclosure Risks

AP | ALAN ZIBEL | Posted 03.16.2009 | Business


WASHINGTON — President Barack Obama's administration is considering spending taxpayer dollars to cut monthly payments for homeowners on the verg...

Loosen Mortgage Lending Standards

Mike Garibaldi-Frick | Posted 03.03.2009 | 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.

Fight building over judges redoing mortgages

AP | LARRY MARGASAK | Posted 02.25.2009 | Business


WASHINGTON — Most congressional Democrats say the quickest way to save homeowners like Troy Butler of Saginaw, Mich., is to let them declare ban...

New York Fed Enacts $500 Billion Plan To Drive Down Mortgage Rates

Financial Times | Saskia Scholtes | Posted 02.05.2009 | Business


The Federal Reserve Bank of New York on Monday said it had started its $500bn plan to drive down US mortgage rates by buying securities guaranteed by ...

2009: A Time for Real Economic Change

Mike Garibaldi-Frick | Posted 01.28.2009 | Business


Mike Garibaldi-Frick

America's anger and ingenious will is stoked and a new, more open administration is coming to power looking for innovative, far-reaching ideas.

Krugman: Mortgage Rates Are Still Too High

New York Times | Paul Krugman | Posted 01.27.2009 | Business


Mortgage rates have dropped a lot in recent weeks, which is a good thing. But there's still a huge spread between mortgage rates and rates on federal ...

Mortgage Rates On The Rise

New York Times | TARA SIEGEL BERNARD | Posted 09.09.2008 | Business


Gaping losses at Fannie Mae and Freddie Mac are causing the two mortgage giants to slow their purchases of home loans at a time when the government is...

White House Works To Resurrect Economy

AP | TERENCE HUNT | Posted 03.28.2008 | Business


WASHINGTON — Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress jo...