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Loans

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Top Loans Articles see all

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  • A chance to rein in payday loan abuse

    A chance to rein in payday loan abuse
    The Consumer Financial Protection Bureau has finally turned its regulatory gaze to short-term lenders — think payday loan and automobile title loan companies — that build businesses around loans that can't be repaid. The bureau floated a potential rule last week that addresses the central problem with such loans: borrowers being swamped with penalties and fees for loans they should never have been granted.
  • Mortgage rates mixed, Freddie Mac says; 30-year fixed averages 4.14%

    Mortgage rates mixed, Freddie Mac says; 30-year fixed averages 4.14%
    Mortgage trends were mixed this week, Freddie Mac's survey of lenders showed, with the average rate for a 30-year fixed loan edging up to 4.14%, from 4.12% a week ago. The average rate for a 15-year fixed mortgage rose from 3.23% to 3.27%, according...

    Mortgage rates at low for year; 30-year averages 4.12%

    Mortgage rates at low for year; 30-year averages 4.12%
    The cost of getting a home loan has slipped back to the lowest level of the year, with Freddie Mac pegging the average rate for a 30-year fixed mortgage early this week at 4.12% compared to last week's 4.14%. The average rate for a 15-year fixed-rate...

    Consumer borrowing in March saw largest increase in more than a year

    Consumer borrowing in March saw largest increase in more than a year
    Consumers increased their borrowing in March by the largest amount in more than a year in a sign of increased economic growth this spring. Outstanding consumer credit, which includes credit card balances and auto and student loans, jumped $17.5...

    Freddie Mac: Mortgage rates level off, 30-year loans average 4.12%

    The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks. The...