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Mortgage rates dropped slightly during the first half of this week in reaction to news of slower growth in the economy, with lenders offering the 30-year fixed-rate loan at an average 3.54%, down from 3.57% a week ago, according to Freddie Mac’s...
If the standard financial wisdom is true – that surviving a financial catastrophe requires a 6-month cache of emergency savings – then two-thirds of Americans may be in for a nasty surprise. Only a quarter of U.S. adults have more than six...
Money & CompanyMortgage rates changed little this week, with the 30-year fixed loan steady at 4.5% in one widely watched survey despite the imminent end of a Federal Reserve bond-buying program that has helped keep long-term rates low. Freddie Mac said the......
Money & CompanyFixed mortgage rates edged back up this week from record lows, but a popular type of variable-rate loan remained in record territory, according to Freddie Mac's weekly survey of lenders. Five-year hybrid adjustable loans, which have a fixed rate for......
Money & CompanyMortgage finance giant Freddie Mac says interest rates for fixed-rate home loans were unchanged for solid borrowers during the week that ended Wednesday. But other surveys are showing that rates are declining again and hitting all-time lows in reaction...
Money & CompanyMortgage rates eased off this week following last week's big leap higher, according to the latest surveys of lenders. The 30-year fixed-rate loan of up to $417,000 averaged 5.0%, down from 5.05% last week, Freddie Mac said in its weekly......
Money & CompanyReaders often wonder how to check the soundness of their bank or credit union, so it's worth noting that Bauer Financial Inc. has updated its ratings of financial institutions based on year-end regulatory filings. Bauer allows you to search separately.......
Money & CompanyThe average mortgage rates available to borrowers with good credit and 20% down payments or home equity rose a scant notch in Freddie Mac's latest survey of what lenders are offering. Freddie Mac, one of the government-controlled firms that guarantee........
Money & CompanyHomebuyer alert: Got an extra $100 or so a month? That is how much more a 30-year fixed loan for $400,000 would cost you at today's typical interest rate compared with when rates scraped bottom four weeks ago, according to......
Money & CompanyTwo weekly reports show Christmas has arrived early for mortgage borrowers, with rates at or near record lows. In its survey for the week ending today, home-loan buyer Freddie Mac said the average rate for a 30-year fixed rate mortgage......
Money & CompanyFor nearly two months, people with good credit who can make 20% downpayments on homes have enjoyed 30-year mortgage rates below 5%. But as signs of an improving economy increase, the yield on bonds has been edging higher and pulling......
Los Angeles Times Staff WriterHow can you tell whether your bank is in hot water? More people have been asking that question since the collapse of Pasadena mortgage giant IndyMac Bank in July. After the government took over the bank, many customers had to wait in line for hours...
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