Mortgage News

The Toronto stock market closed higher Monday as investors bought up battered gold miners along with financial stocks that slipped last week in the wake of earnings reports from the big banks.

But Republicans aren't likely to acquiesce lightly. They've blocked the North Carolina Democrat's nomination for months and could still use a collection of procedural hurdles to stymie – or at least delay – the nomination to draw more public scrutiny to the pick.

The nation's wealth rose 2.6 percent from July through September to $77.3 trillion, the Federal Reserve said Monday.

Americans' wealth reached an all-time this summer, buoyed by record-setting stock prices and a healthy recovery in home values.

A tax break for struggling mortgage borrowers ends Jan. 1 and that could mean big tax bills -- and financial hits for their neighbors.

Canada Mortgage and Housing Corp. says housing starts fell in November, with drops in the numbers of both urban multiple and single-detached starts.

Billions of dollars in foreclosure settlements between big banks and government regulators haven't helped Laura Biggs.

Australia & New Zealand Banking Group Ltd., the fastest-growing mortgage lender in October, plans to offer bigger discounts to expand market share in the nation's largest state economy, New South Wales.

Walker and the Military Warriors Support Foundation that he co-created with Lt. General Leroy Sisco helped make the holidays that much more special for U.S. Army Soldier and Purple Heart War Hero Timothy Medford.

Stacey Capps labels samples in the ImmunoReagents lab last week on N.C. State's Centennial Campus in Raleigh.

The Federal Housing Administration has announced plans to reduce its stake in the market, an indication it sees some signs of strength in real estate.

Dear Liz: I will be inheriting around $300,000 over the next year. My instincts are to pay down debt with this money.

The Ministerial Committee for Legislation was scheduled to debate Sunday a bill that would allow same-sex couples to receive the same mortgage benefits granted to married couples.

The city of Los Angeles has filed a lawsuit against Bank of America , the third banking giant accused of mortgage discrimination in minority communities that in turn led to a wave of foreclosures, reduced property tax revenue and increased costs for city services.

A RE/MAX LLC "For Sale" sign stands outside of a home in Seattle, Washington, U.S., on Tuesday, Nov. 19, 2013.

Disparaged by some as the boogeymen of the housing crash, mortgage brokers have taken a beating the past few years.

Some of the nation's largest mortgage REITs are anything but thankful following Thanksgiving, as they have all watched their stocks tumble over the past week.

Sens. Tim Johnson and Mike Crapo , the leaders of the Senate Banking Committee, have asked fellow lawmakers engaged in negotiations over a budget deal not to raise loan-guarantee fees charged by Fannie Mae Congressional negotiators have been trying to reach a small-scale budget agreement to avoid future showdowns over fiscal issues that resulted in ... (more)

This chart shows 15- and 30-year fixed mortgage rates over the past five years. Average 30-year fixed mortgage rates climbed to 4.39 percent this week.

Dan Mekemson is named new Senior Vice President and Director of Mortgage Lending for Bank Mutual.