| Mar 6, 2014
| 9:08 AM
The cost of a home loan dropped early this week on less than robust news about the economy and housing, with Freddie Mac reporting that the average interest rate for a 30-year fixed mortgage was 4.28%, down from 4.37% a week earlier.
The average for...
| Feb 23, 2014
| 5:00 AM
WASHINGTON — If you're planning to shop for a home in the next few weeks, here's an early spring buying season come-on that just might save you some money if you qualify.
Fannie Mae, the largest mortgage investor in the country, has a bulging...
| Feb 27, 2014
| 8:40 AM
Mortgage interest rates have changed little in recent days, with Freddie Mac saying fixed rates edged higher for a fourth straight week while start rates fell a notch on variable home loans.
The Freddie Mac survey, conducted Monday through early...
| Feb 16, 2014
| 5:00 AM
WASHINGTON — Parents, grandparents and young adults know the problem only too well: Heavy student-debt loads, persistent employment troubles stemming from the recession, plus newly toughened mortgage underwriting standards are all standing in the...
| Feb 21, 2014
| 7:22 AM
WASHINGTON -- Fannie Mae posted its eighth straight profitable quarter in the final three months of last year and will send the federal government $7.2 billion, pushing its total dividend payments above the cost of the 2008 bailout for the first time, the...
| Feb 20, 2014
| 10:06 AM
Fixed mortgage rates crept higher again early this week, with Freddie Mac reporting that lenders were offering 30-year home loans to solid borrowers at an average 4.33%, up from 4.28% last week.
The 30-year fixed rate had declined for five weeks...
| Feb 13, 2014
| 8:07 AM
A five-week decline in fixed mortgage rates has ended, with Freddie Mac’s survey showing the 30-year home loan averaged 4.28% early this week, up from 4.23% a week ago.
The 15-year fixed-rate mortgage was unchanged at an average of 3.33%,...
| Feb 6, 2014
| 8:08 AM
Weaker signals from the housing markets sent mortgage rates lower for the fifth week in a row, with Freddie Mac reporting that lenders were offering 30-year fixed home loans to solid borrowers at an average of 4.23%, down from 4.32% a week ago.
| Jan 26, 2014
| 5:00 AM
WASHINGTON — The verdict was nearly unanimous at a recent hearing on Capitol Hill: The new federal "ability to repay" and "qualified mortgage" regulations that took effect Jan. 10 will make obtaining credit tougher, not easier, this year, and...
| Jan 30, 2014
| 9:43 AM
Fixed mortgage rates fell for the fourth week in a row following the release of weaker housing data, according to Freddie Mac, which said lenders were offering 30-year fixed home loans to solid borrowers this week at an average of 4.32%.
The Freddie Mac...
| Jan 23, 2014
| 8:34 AM
Fixed mortgage rates have drifted lower, according to Freddie Mac, which said lenders were offering 30-year fixed home loans at an average of 4.39% this week, down from 4.41% a week ago.
It was the lowest reading for the weekly survey since Nov. 27....