Personal Finance News
News on Personal Finance continually updated from thousands of sources around the net.
38 min ago | Witney Gazette
The Government's programme of taxpayer-funded support for first-time home buyers should be cut back amid fears rising house prices could push up interest rates, shadow chancellor Ed Balls has said.
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38 min ago | Witney Gazette
The cost of owning a family-sized home in the UK is now almost A 1,500 a year cheaper than renting, according to research.
4 hrs ago | TheCourier.com
The legislation, which cleared Congress on Thursday, reverses much of a 2012 overhaul of the government's much-criticized flood insurance program after angry homeowners facing sharp premium hikes protested.
5 hrs ago | National Public Radio
The Federal Deposit Insurance Corp. has sued 16 big banks that set a key global interest rate, accusing them of fraud and conspiring to keep the rate low to denrich themselves.
9 hrs ago | Nanaimo Daily News
The financial health of Canadian households improved ever so slightly in the final three months of 2013, a development that will give some comfort to the Bank of Canada in maintaining its low-interest-rate policy.
13 hrs ago | Cape Breton Post
Statistics Canada says mortgage and consumer credit debt were both up at the end of the fourth quarter of 2013.
15 hrs ago | OregonLive.com
Gold is back on the rise after dropping like lead last year. Although it has recovered just a portion of its steep loss from 2013, the shift in momentum has been enough to halt the stampede of investors from gold-related funds.
It was the worst day for the market in six weeks and the fourth loss in a row for the Dow.
Total U.S. money market mutual fund assets fell by $2.03 billion to $2.678 trillion for the week that ended Wednesday, according to the Investment Company Institute.
The Social Security numbers and other personal information of about 15,000 New York City transit workers has been found on a CD inside a refurbished computer sold by a retailer, according to a letter obtained by The Associated Press.
The International Monetary Fund warned Thursday that wide income inequality can slow economic growth and is proposing ways to reduce it.
Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year loan increased to 4.37 percent from 4.28 percent last week.
Longer-term fixed mortgage rates may soon be a better deal than variable rates for homebuyers, according to a new report by BMO Capital Markets.
Millions of renters say they really want to buy their first home this year, but many won't be able to seal the deal.
A new report into Canada's hot housing market is trying to calm fears of a coming collapse in prices, saying the biggest threat to home valuations may be government meddling with mortgage rules.
A once high-flying Goldman Sachs trader dubbed "Fabulous Fab" was ordered Wednesday to pay more than $825,000 in one of the prominent cases stemming from the mortgage meltdown that helped spark the Great Recession.
Federal prosecutors say a New York-based investment bank and broker-dealer has agreed to pay $25 million in penalties for misleading customers trading in residential mortgage-backed securities.