Finance & Mortgage
Wall Street dips after rally, biotechs drag Nasdaq
Fannie and Freddie add-on fees hampering home buying
Momentum stocks sell off for second day; Nasdaq down 2 percent
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Big Wall Street firms have seen demand for private-label mortgage-backed securities pick up over the last few months, according to a survey released by the Federal Reserve on Thursday. Bank of England says lenders expect to expand supply of credit to households, businesses
British lenders expect the availability of mortgages and business loans to pick up significantly in the second quarter of this year, a Bank of England survey showed on Thursday. Cuba Gooding Jr. sells Pacific Palisades home for $10 million
Cuba Gooding Jr., Academy Award-winning actor known for his portrayal of Rod Tidwell in "Jerry Maguire," has just sold his 6,753-square-foot Pacific Palisades mini-estate for $10 million, reports TMZ. Bank of England's Andrew Bailey says no let-up over bank capital levels
Banks still need to be persuaded that well-capitalized lenders are important to economic growth, Bank of England Deputy Governor Andrew Bailey said on Monday, but Britain's regulators will keep up the pressure to boost capital levels. UK mortgage approvals dip in February, business lending contracts again
British mortgage approvals slowed in February by more than expected, possibly reflecting bad weather during the month, and there was another contraction in business lending. Stocks rise on US data, China; European bond yields down
Global equity markets rose on Friday, bolstered by U.S. economic data that was largely promising and signs that China will step in to support a cooling economy, while euro zone government bond yields fell on renewed bets the European Central Bank will ease policy next week. U.S. average 30-year-fixed mortgage rates reach two-month high at 4.4 percent
The average 30-year fixed mortgage rates in the United States spiked to reach a two-month high since January at 4.4 percent, Freddie Mac, the government-backed lending giant, announced Thursday. Bank of America settles FHFA Lawsuit for $9.5 billion
Bank of America announced Wednesday that it has agreed to pay $9.33 billion to the Federal Housing Finance Agency (FHFA) to settle a lawsuit the Fannie Mae-Freddie Mac regulator filed following the housing market crash in 2008. U.S. mortgage applications fell last week: MBA
Applications for U.S. home mortgages fell last week as interest rates rose to the highest level since January, an industry group said on Wednesday. U.S. home prices rise in January
U.S. single-family home prices rose in January and slightly beat expectations, a closely watched survey said on Tuesday.
