Mortgage News

Long-term mortgage rates edged higher for the second consecutive week on signs of an improving economy, though rates remain near historic lows.

That ruling had dismissed claims for all but $5.7 million, or less than 1 percent, of the roughly $774 million of damages that Dexia had sought from the largest U.S. bank.

A member of the Elks Lodge #2714 in Sebastian used the group's money to gamble at adult arcades, according to the Sebastian Police Department.

A suspended Las Vegas lawyer has pleaded guilty in a federal mortgage fraud case and agreed to pay nearly $3.3 million in restitution.

Getting a home loan is hard enough, but first-time buyers who want a jumbo mortgage have even higher hurdles to clear.

Federal Reserve Bank of Dallas President Richard Fisher speaks about the concept of breaking up 'too big to fail' banks to a breakout group at the Conservative Political Action Conference in National Harbor, Maryland, March 16, 2013.

Borrowers who withdraw cash when they refinance are viewed as riskier than those who don't, because the cash withdrawal indicates possible financial distress - and that perception can raise a borrower's costs.

Boomers lost a significant chunk of their retirement nest eggs in the recession, but it was members of Generation X who were really hit the hardest, according to a report released Thursday.

In a new milestone for the Bay Area's recovering housing market, the median price paid for all types of dwellings in April crossed $500,000 for the first time in nearly five years, according to a report released Wednesday.

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows.

QUESTION: I have five years left until I pay off my 30-year mortgage. I received an offer to refinance, which certainly is tempting, but I'm getting pretty close to retirement.

Required by law, the forms allow public officials to list their assets in broad ranges, such as between $1 million and $5 million, which makes it difficult to determine a precise net worth.

As student loan borrowers are getting crushed under massive student debt, the federal government's student loan program is set to turn about $51 billion in profit, according to predictions from the Congressional Budget Office .

VICKY Ball went from being a successful woman with a family, career and mortgage to living in a tent in Basingstoke's Eastrop Park in the space of three years.

Annual deficits are falling even faster than the Congressional Budget Office predicted back in February.

Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.

New Zealand housing is already overvalued by about 25 per cent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund.

Home sales have fallen across Canada and new housing starts are also down, but Finance Minister Jim Flaherty says he is not worried, calling the slowdown a "healthy'' development.

A New York appeals court dismissed a case against Goldman Sachs Group Inc brought by a bond insurer who claimed it was fraudulently induced to insure the bank's Abacus product tied to subprime mortgages.

We all know that $83 billion is a huge amount of profits but how does this compare to the earnings of other hugely profitable companies such as Apple, Exxon Mobil or Microsoft? Profits of $83 billion are almost twice as much as the most profitable company in the world makes. Fannie Mae profits of $83 billion almost equals the combined income of...