Topic: Credit Services and Intermediation
Fixed mortgage rates for 30-year loan now average 4.18 percent. But record low fixed mortgage rates are not perking up the housing market or causing a surge of refinancing.
Record low mortgage rates push the average 30-year loan to 3.91 percent. But can these record low mortgage rates last?
12/22/2011 01:10 pm
The settlement with the US Justice Department was filed Wednesday with the Central District court of California and is subject to court approval. The DOJ says it's the largest settlement in history over residential fair lending practices.
12/21/2011 05:53 pm
Newt Gingrich leads Mitt Romney in Virginia, says a new poll. Gingrich responds to attack ads with a promise to hit back at GOP opponents.
12/21/2011 09:15 am
The SEC filed a civil fraud lawsuit Friday against six former top executives at Fannie Mae and Freddie Mac, saying they misled investors about the subprime-loan risks they faced.
12/16/2011 07:29 pm
Michele Bachmann came out swinging in Thursday night's Republican debate. She landed repeated blows on Newt Gingrich and Ron Paul.
12/16/2011 11:14 am
Rick Perry had a memorable line with his Tim Tebow comment, but Thursday's GOP debate – the last before the Iowa caucuses – didn't exactly offer an electrifying finish. Still, a few jabs hit their mark.
12/16/2011 08:49 am
Foreclosures are in a seasonal slowdown, but evidence suggests a new surge of foreclosures will arrive in 2012.
12/15/2011 11:39 pm
A summary of the one-liners delivered by Republican candidates in Sioux City, Iowa Thursday night.
12/15/2011 11:22 pm
If the new Ron Paul attack ad helps him make further inroads against Newt Gingrich in Iowa and New Hampshire, Paul could throw the GOP presidential race wide open, some experts say.
12/13/2011 01:29 pm