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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles see all

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  • Freddie Mac: Mortgage rates near low for year; 30-year at 4.27%

    Freddie Mac: Mortgage rates near low for year; 30-year at 4.27%
    Mortgage rates have fallen as the spring home-buying season begins, with Freddie Mac pegging the average 30-year fixed loan at 4.27% this week, the lowest it has been since early February.
  • Mortgage-related legal costs sock BofA with $276-million loss

    Mortgage-related legal costs sock BofA with $276-million loss
    Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply. The quarterly loss, its first in 2½ years, came despite lower loan losses and better than expected results in...

    Bank of America shares slide after surprise loss

    Bank of America Corp. shares fell after the bank posted a surprise loss driven by $6 billion of costs tied to mortgage disputes. The stock slid 3.2 percent to $15.87 at 10:25 a.m. as investors assessed the latest in a line of legal expenses that have...

    A tax break worth saving

    A tax break worth saving
    With lawmakers showing little enthusiasm for an ambitious proposal by House Ways and Means Committee Chairman Dave Camp (R-Mich.) to overhaul the byzantine U.S. tax code, Congress has to decide what to do about dozens of temporary tax breaks that...

    Renewal of federal tax breaks for homeowners facing bumpy road

    Renewal of federal tax breaks for homeowners facing bumpy road
    WASHINGTON — Renewal of important expired federal tax benefits for homeowners took a major step forward recently, but the route to final congressional approval is beginning to look longer — and potentially bumpier — than previously...