Finance & Mortgage
Average U.S. Mortgage Rates Decline after Rising for two Consecutive Weeks
U.S. Housing Recovery Has Got Catching Up to Do, Says Fannie Mae
U.S. Existing Home Sales Picked Up in May
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The U.S. Justice Department is urging Citigroup Inc. to raise its settlement offer in a long running probe that found the bank guilty of selling faulty mortgage securities that eventually led to the country's economic crash. Fixed Mortgage Rates Rise for Second Week
Fixed mortgage rates in the United States went up for the second consecutive week after the country posted good job data and better treasury yields, Freddie Mac - the government backed lending giant - announced Thursday. George Osborne Authorizes Bank of England to Control Britain’s Hot Property Market
George Osborne, the British finance minister, gave the Bank of England full authority to introduce new measures directed towards cooling Britain's overheated real estate market. Officials believe that if prices continue to soar at the current rate, the economy could crumble down like a house of cards. Google and Amazon would make great mortgage bankers: Study
A new study conducted by Accenture, a leading global consultancy firm, found that tech giants like Google, Facebook, Apple and Amazon would make great profits out of a banking business, if they entered the commercial finance sector. China’s property market crash could trigger a global economic meltdown
As several reports on China's dwindling property market crowd the web, the condition has sparked concerns that the downturn in the second-largest economy of the world could have a domino effect on the global economy, resulting in another great crash. US Average Fixed Mortgage Rates Rise after Six Weeks
After six consecutive weeks of decline, the average fixed mortgage rates rose in the first week of June, according to Freddie Mac, the government backed mortgage giant’s weekly survey. China’s home prices fall in May for the first time in two years
The Chinese real estate balloon could already be deflating as home prices started to decline in May, falling for the first time in two years. However, housing officials of China announced that the decline in prices is “normal” and they are just a “high base effect.” US Mortgage Rates Decline for Fifth Straight Week
Average mortgage rates in the United States inched down, declining for the fifth straight week, Freddie Mac - the government-backed mortgage giant - announced Thursday. 7 US cities with major home price changes (LIST)
The U.S. real estate recovery has been slow albeit steady. This year's winter dampened what could be a good time for home investment. However, experts believe that the spring market will pick up steam. US Mortgage Applications Inch Up 3.6 percent as Interest Rates Hit Record Low
The number of home loan applications went up 3.6 percent this week as mortgage rates hit record lows, according to the Mortgage Banking Association.
