Finance & Mortgage

'Fixed mortgage rates fall but could shoot up in coming weeks

The average fixed mortgage interest rates in the United States fell over the past week, according to figures released Thursday by government-backed mortgage giant Freddie Mac.

'Fed may raise interest rate by next spring

The U.S. Federal Reserve will probably end its massive bond-buying program this fall, and could start raising interest rates around six months later, Fed Chair Janet Yellen said on Wednesday, in a comment which sent stocks and bonds tumbling.

'U.S. banks' relief to borrowers exceed terms of 2012 deal

Top U.S. banks including Bank of America Corp and Citigroup provided more than the $19 billion in help to struggling borrowers they were required to offer under a landmark 2012 deal with the U.S. government, a watchdog said on Tuesday.
Real Time Analytics