Mortgage loan

A sale pending announcement sits atop a for sale sign in a home's yard in Richardson, Texas. (AP Photo/LM Otero, File)

US average on 30-year mortgage rises to 4.29 pct

WASHINGTON (AP) – Average U.S. mortgage rates rose modestly this week, a move that makes home-buying a bit less affordable. Still, rates remain near historically low levels. Mortgage buyer Freddie Mac said Wednesday that the […]

11/27/2013

A sale pending announcement sits atop a for sale sign in a home's yard in Richardson, Texas. (AP Photo/LM Otero, File)

Signed contracts to buy US homes plunges in Sept.

WASHINGTON (AP) — The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months. The decline reflects higher mortgage rates and home prices that have […]

10/28/2013

A realty sign hangs in front of a home for sale in Gilbert, Ariz. (AP Photo/Matt York, File)

US home prices rise 12.4 pct., most in 7½ years

WASHINGTON (AP) — U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains. […]

09/24/2013

(AP Photo/Paul Sakuma, file)

Wells Fargo to lay off 2,300 mortgage workers

NEW YORK (AP) — Wells Fargo is laying off workers from its mortgage unit, the latest sign that the mortgage refinancing boom has cooled. The San Francisco-based bank says it sent 60-day notices to about […]

08/22/2013

A sale pending sign is attached to a property for sale. (AP Photo/Paul Sakuma)

US home sales hit 5.39M in July, highest since ’09

WASHINGTON (AP) — U.S. sales of previously occupied homes surged in July to a seasonally adjusted annual rate of 5.39 million, approaching a healthy level for the first time since November 2009. The spike in […]

08/21/2013

(AP Photo)

US home sales dip but remain near 3½-year high

WASHINGTON (AP) — U.S. sales of previously occupied homes slipped in June to a seasonally adjusted annual rate of 5.08 million but remain near a 3½-year high. The National Association of Realtors said Monday that […]

07/22/2013

(AP Photo)

US rate on 30-year mortgage falls to 4.29 percent

WASHINGTON (AP) – Average U.S. rates on fixed mortgages eased this week after last week’s surge, declines that could prompt homebuyers to act quickly before rates rise further. Freddie Mac says the average on the […]

07/03/2013

(AP Photo)

Some buyers motivated to act now as rates rise

  WASHINGTON (AP) — With mortgage rates posting a big increase this week, more home buyers may decide to make the move sooner rather than later. Mortgage buyer Freddie Mac said today that the average […]

06/27/2013

(AP Photo)

How higher rates touch consumers, firms, investors

WASHINGTON (AP) — All it took was speculation that the Federal Reserve could slow its bond buying months from now — and then a few words Wednesday from Chairman Ben Bernanke to confirm it. The […]

06/20/2013

Foreclosure sign

Calif. foreclosure victims will get $1,500 checks

SACRAMENTO, Calif. (AP) — More than 200,000 Californians will each receive checks worth nearly $1,500 this month as part of the national mortgage settlement, the state attorney general’s office said Tuesday. The money is going […]

06/04/2013

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