| Aug 22, 2013
| 10:59 AM
Fixed mortgage rates jumped again this week, with Freddie Mac's widely watched survey saying lenders were offering 30-year home loans at an average of 4.58%.
That was up from 4.4% last week and the highest rate Freddie has reported in two years....
| Aug 20, 2013
| 6:49 AM
WASHINGTON -- The nation's largest banks are trying to scare the public about the impact of tougher capital requirements proposed by U.S. regulators, a top Federal Deposit Insurance Corp. official said Tuesday.
Requiring the eight largest banks to...
| Aug 12, 2013
| 12:27 PM
California’s post-recession moment for housing affordability appears to be ending fast.
Rising home prices in the San Francisco Bay Area and other coastal markets rapidly shut out a huge chunk of the state’s home-buying population last...
| Aug 19, 2013
| 3:43 PM
Samuel Adams brewer and founder Jim Koch says he hasn’t forgotten how hard it was to start a small business. He’s offering free coaching -- and perhaps some start-up funding -- to small Southern California food, beverage and craft brewing...
| Aug 8, 2013
| 7:28 AM
WASHINGTON -- Boosted by the housing market rebound, bailed-out mortgage-finance giant Fannie Mae posted its sixth straight quarterly profit in the April-June period and will pay an additional $10.2 billion in dividends to the federal government.
| Aug 8, 2013
President Obama this week joined lawmakers from both parties in calling for Congress to wind down Fannie Mae and Freddie Mac, the privately owned but government-backed companies that supply most of the funding for home mortgages in this country. There...
| Aug 19, 2013
| 8:53 AM
WASHINGTON -- Resurgent bailout recipients Fannie Mae and Freddie Mac have been avoiding billions of dollars in potential long-term losses by delaying the use of new accounting measures that would require them to write off more delinquent mortgages, a...
| Aug 21, 2013
| 8:08 AM
Sales of previously owned U.S. homes rose in July, as more inventory hit the market and an increase in mortgage interest rates likely motivated buyers.
Sales were up 6.5% from the prior month and 17.2% from the same month a year earlier. Homes sold at a...
| Jun 26, 2013
WASHINGTON — Nearly five years ago, the subprime meltdown triggered a huge taxpayer bailout of housing finance giants Fannie Mae and Freddie Mac.
Now a bipartisan group of senators has launched the most comprehensive effort yet to clean up the...
| Aug 16, 2013
| 6:15 AM
Builders started housing units at a more rapid pace in July as apartment construction ramped up, new data show.
Housing starts rose 5.9% to a seasonally adjusted annual rate of 896,000, the Commerce Department said Friday. Private housing construction...
| Jul 11, 2013
| 7:12 PM
The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy.
The Dow Jones industrial average and the Standard & Poor's 500 index, the two most...