Finance & Mortgage

Mortgage Rate : How to Grab the Best Now

With mortgage rates still hovering near historic lows, this could be the right time to buy a home or refinance a mortgage, but nailing down a low-rate, low-fee loan isn't that easy.

Mortgage Applications Picked up Last Week : MBA

Applications for U.S. home mortgages gained last week after seven straight weeks of declines, helped by a jump in purchase demand as interest rates retreated, an industry group said on Wednesday.

Ambac sues JPMorgan over mortgage losses

Ambac Financial Group Inc, the bond insurer that last month won court approval to emerge from bankruptcy, has sued JPMorgan Chase & Co to recover losses on mortgage securities that it insured and were made by the former Bear Stearns Cos.