Mortgage News

Surging home prices have helped nearly two million homeowners get back above water on their mortgages over the past year.

Bank of America Corp 's mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.

The Bay Area's peak home-buying season got off to a slow start last month, with the lowest recorded sales for any March in the past six years on a scant supply of homes for sale, according to a report Tuesday.

Mortgage rates for 30-year fixed mortgages fell over the past week , with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.14 percent, down from 4.20 percent at this same time last week.

U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter.

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Despite a lot of choppiness in the markets lately, U.S. stocks finished higher Tuesday.

Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses.

One in 20 Scots are paying their rent or mortgage with credit cards, according to a new report.

It's tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.

Now that the tax filing deadline is here, it's time to focus on all those documents that support your return.

Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.

AC Transit's chief financial officer accused of embezzling more than $500,000 from one of Oakland's largest churches appeared in court on a warrant and has been granted $100,000 bail, which he posted shortly after, court records show.

U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.

The Housing Minister raised eyebrows after suggesting rising property prices were a "good thing", telling an interviewer: "I bought a house and I expect the value to rise."

My husband is injured at this time and not working. My name is not on either mortgage, can I refinance without him working or would I need to buy the house from him to get the lower rates.

Economists in the private sector and in academia agree that the impish lawyer from Main Street - working-class Whitby, not tony Rosedale - should be judged as one of the most important and best finance ministers in the country's history.

A sixth consecutive fall in the rate of inflation is expected to herald an end to the prolonged squeeze on real wages when official figures are published today.

Canada's financial regulator is looking to issue new guidelines governing high-risk mortgages in the country's housing market.

The U.S. housing industry has waited three months to find out how Mel Watt will govern taxpayer-owned mortgage companies Fannie Mae ( The former 11-term congressman from North Carolina, who took over the agency that oversees the two enterprises in January, has not delivered an annual strategic plan, which would usually be public by now.