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Mortgage News

News on Mortgage continually updated from thousands of sources around the net.

35 min ago | SFBG Politics Blog

SF to consider joining Richmond in fighting banks over underwater mortgages

Plans to ease San Francisco's often overlooked home foreclosure crisis will have to wait a bit longer.

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Related Topix: Home, Mortgage, Personal Finance, Foreclosures, San Francisco County, CA, San Francisco, CA

4 hrs ago | Tri-cityherald.com

Wells Fargo profit edges up 3 percent in quarter

In this Wednesday, Dec. 19, 2012, file photo, a man walks past a Wells Fargo location in Philadelphia.

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Related Topix: Wells Fargo , Banking, Financial Services, Home, Mortgage, Personal Finance

Fri Jul 11, 2014

Click2Houston

Stocks close out bad week

Stocks ended a volatile week with modest gains Friday, but the S&P 500 had its worst week in three months.

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Related Topix: Financial Markets, Personal Finance

ABC News

Business Highlights

Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.

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Related Topix: Home, Mortgage, Personal Finance, Housing, Smoking, Medicine, Health, US News, Federal Aviation Administration

National Public Radio

US Records $71 Billion Budget Surplus In June

The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008.

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Related Topix: Financial Services, Fannie Mae, Personal Finance, US News

The Globe and Mail

At midday: Weak energy sector pulls TSX lower

The Toronto stock market fell Friday amid a disappointing jobs report that showed the Canadian economy lost an unexpected 9,400 jobs in June.

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Related Topix: Financial Markets, Personal Finance

Lexington Herald-Leader

Downside of low US mortgage rates? Less selling

In this July 2, 2014 photo, Ryan Carson, right, poses for a photo with his wife, Jenny Roraback-Carson, and their daughter Clara, 3, in the entry to their home in Seattle.

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Related Topix: Home, Mortgage, Personal Finance, Home Listing, Housing, Real Estate

KMIZ

Should you raid your retirement savings to slash debt?

If dipping into your retirement savings to finally pay off that pesky credit card bill sounds like a good idea, you should probably think twice.

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Related Topix: Personal Finance, Retirement, Home, Mortgage, Credit Card Debt

Brandon Sun

Worried about getting a mortgage? Rules may be tighter but options remain

If you are self-employed, live in a rural area or don't have the best credit, you may find it increasingly difficult to get a mortgage.

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Related Topix: Mortgage, Personal Finance, Home

Bellingham Herald

A new challenge to HUD's reverse-mortgage program

The United States faces a retirement funds crisis: a rapidly growing number of people who retire without the financial capacity to support themselves during ever-increasing life spans.

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Related Topix: Home, Mortgage, Personal Finance, Retirement, Health, AARP

Thu Jul 10, 2014

Examiner.com

Freddie Mac: Not much movement when it comes to mortgage rates

After initially moving higher from the previous week, mortgage rates hit a bit of a lull this week.

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Related Topix: Home, Freddie Mac, Financial Services, Mortgage, Personal Finance

Reuters

Miami's mortgage discrimination suits against Citi, Wells dismissed

A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo & Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Citigroup, Wells Fargo , Startups, Mach One, Institutional Venture Partners

Myrtle Beach Online

Your Place: Best to watch long-term trends in real-estate market

When I started writing about real estate full time, the experts cautioned me not to chase month-to-month data, and to focus instead on quarterly and yearly figures.

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Related Topix: Real Estate, Home, Mortgage, Personal Finance, Housing, Education

Bradenton.com

Average US 30-year mortgage rate rises to 4.15 pct

Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week.

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Related Topix: Home, Mortgage, Personal Finance

Daily Mail

Bank of England's New Lady Nemat Shafik in warning over debt

The UK economy is recovering at a 'striking' pace but there are 'substantial risks' to the outlook, according to the incoming deputy governor of the Bank of England.

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Related Topix: Mortgage, Personal Finance, Home

Wed Jul 09, 2014

Hampshire Chronicle

House prices surge by 8.8%

House prices surged by 8.8% annually in June in the strongest uplift seen since 2007 as consumer confidence continues to rise, Halifax has reported.

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Related Topix: Home Listing, Home, Mortgage, Personal Finance

Reuters

Holder won't meet with BofA CEO as mortgage talks stall: sources

Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes into shoddy mortgage securities sold by the bank and its units remain at a standstill, according to people familiar with the matter.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Bank of America, Financial Services, US News

KMIZ

Yes, the economy is getting better

In the case of the Federal Reserve's unprecedented stimulus program that has been a big driver of the five-year stock rally, the end is finally near.

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Related Topix: Mortgage, Personal Finance, Home

Northern Michigan News

Fed split on signals for first rate increase

Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive bond purchases the central bank has relied upon to boost economic growth following the Great Recession.

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Related Topix: Financial Markets, Mortgage, Personal Finance, Home

Globe and Mail

Loonie gains amid stronger Canadian housing starts

The Canadian dollar gained Wednesday amid stronger-than-expected figures for Canadian housing starts, and ahead of a key employment report on Friday.

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Related Topix: North America, Canada, World News, Home, Mortgage, Personal Finance, Housing

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