| Sep 26, 2013
| 7:55 AM
The Fed’s decision to continue its economic stimulus program unabated has sent fixed mortgage rates plunging to their lowest level in two months, according to Freddie Mac’s weekly survey, with the 30-year loan averaging 4.32%, down from 4.5% a...
| Sep 26, 2013
| 11:47 AM
The more money you make before retirement, the more you may have to cut back when you do retire, a new study has found.
Because of Social Security benefits, some low-wage earners receive more income when they retire than they did when they were working....
| Sep 26, 2013
| 6:44 PM
Home buyers fearing a rapid rise in interest rates got a reprieve this week as rates dipped sharply, hitting their lowest level in two months.
The decline owes primarily to last week's announcement that the Federal Reserve would continue its massive...
| Sep 27, 2013
| 6:28 PM
WASHINGTON — It's an issue that hasn't gotten much attention but should be a red alert for first-time buyers and others who supplement their incomes with part-time work: Though part-time earnings are playing an increasingly important role in the...
| Oct 3, 2013
| 7:54 AM
Mortgage rates have tumbled for the third straight week, with Freddie Mac pegging the 30-year fixed loan at an average of 4.22%, down from 4.32% last week to the lowest level since June.
But what good is a low rate if a lender can't process your...
| Oct 8, 2013
| 8:21 AM
California home sales will increase next year and price gains will moderate as an inventory crunch loosens with more homes on the market, according to an industry forecast.
The California Assn. of Realtors forecasts sales to climb 3.2% in 2014, after...
| Oct 10, 2013
| 7:41 AM
Mortgage interest rates have leveled off at their lowest levels since June, with 30-year fixed-rate loans averaging 4.23%, statistically unchanged from 4.22% last week, according to Freddie Mac's weekly survey.
The home finance giant's widely watched...
| Oct 11, 2013
| 5:01 PM
Jay Joerger was set to close a long-planned sale of his Palm Springs condominium this week until he was blindsided by an unexpected problem: the shutdown of the federal government.
The condo sits on land owned by an Indian tribe, so the sale must be...
| Oct 13, 2013
| 5:00 AM
Anyone thinking of skating on mortgages owned by either Fannie Mae or Freddie Mac may want to think again. As a result of new government reports, the two companies say they are going to do a better job of going after so-called strategic defaulters....
| Oct 14, 2013
| 6:43 AM
WASHINGTON -- Upset that the fiscal stalemate in Washington is threatening the global economy, China called for the U.S. dollar to be replaced as the international reserve currency as well as for broader steps to create a "de-Americanized world."...
| Oct 17, 2013
| 7:46 AM
Fixed mortgage rates rose early this week amid the debt crisis, Freddie Mac's latest survey showed, with lenders offering the 30-year home loan at an average of 4.28%, up from 4.23% a week earlier.
The offering rate for 15-year fixed mortgages...