U.S. mortgage rates fall to record low: Freddie Mac
Reuters - Thu Dec 3, 11:42 am ETU.S. mortgage rates dropped to a record low in the latest week, as rates fell for a fifth straight week, a closely watched mortgage survey showed Thursday.
154667 Stories, most recent news story added 1 minute ago
U.S. mortgage rates dropped to a record low in the latest week, as rates fell for a fifth straight week, a closely watched mortgage survey showed Thursday.
Bank of America Corp sold more than $19 billion of equity on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.
Dec. 3 (Bloomberg) -- The market for bonds backed by consumer debt won’t wean itself from government assistance until banks embrace stiffer guidelines for issuing the securities, U.S. Federal Deposit Insurance Corp. Chairman Sheila Bair said.
One thing is sure, rates for the wealthy are going up.
Thanks to the stimulus, there are more opportunities than usual to save.
Homebuyers insured by the Federal Housing Administration would have to provide more cash up front and meet higher credit scores under an Obama administration plan to protect the financially stretched agency.
Two robbery suspects fleeing police lost control of their sport utility vehicle and crashed into a day care center Thursday, injuring four children and an employee in a shower of bricks and other debris, police said.
Lawsuits allege the real estate investor's undercapitalized Park Avenue Bank engaged in corporate waste and fraud.
China's HNA Group is said to be in talks to take over two unfinished luxury hotels in Shanghai.
The U.S. government’s efforts to revive the housing market help push mortgage rates down to record levels, making homes more affordable for buyers hunting for a good deal in a soft market.
Kentucky's slumping horse industry appears on pace to be overtaken by poultry farming as the king of the state's agricultural sector, economists said Thursday.
Up on Capitol Hill Thursday, Fed Chairman Ben Bernanke painted yet another grim picture for the future of work in America
Regency Centers Corp. said Thursday it plans to sell 8 million shares of common stock in a public offering.
Dubai roiled credit markets when it announced that the government has no responsibility for the $26 billion debt of the quasi-governmental holding company Dubai World. That statement shattered the assumptions of many creditors and may redefine the nature of lending in the Middle East.
Many borrowers are failing to give banks proof of income or are unable to make the three monthly payments of the new lower amount required by the program.
Luxury U.S. homebuilder Toll Brothers Inc reported a wider-than-expected quarterly loss on Thursday as revenue slumped and it wrote down the value of its land holdings, sending its shares down 7.5 percent.