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Loans

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Top Loans Articles

Displaying items 100-110
  • L.A. sues JPMorgan Chase, alleges predatory home loans to minorities

    L.A. sues JPMorgan Chase, alleges predatory home loans to minorities
    The city of Los Angeles accused JPMorgan Chase & Co. of steering minority borrowers into risky home loans they couldn’t afford, triggering a foreclosure wave that hammered property values and city coffers. In a lawsuit filed Friday in U.S....
  • Freddie Mac: Mortgage rates at six-month low; 30-year averaging 4.2%

    Mortgage rates edged down a hair this week, hovering at the lowest level in six months, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.2% compared to 4.21% a week earlier. The average rate for a 15-year...
  • Durbin touts student loan proposal in Naperville

    Durbin touts student loan proposal in Naperville
    Sen. Dick Durbin spoke Friday with students and graduates of North Central College in Naperville as part of his push for legislation that would expand options for repaying student loans and raise the tax rate on millionaires. "I think this is a big...
  • Cost of sheepskin going up

    Here's an early introduction to college life for incoming freshmen: The federal student loans they're banking on are getting more expensive. Interest rates for Stafford, Plus and the other main federal education loans for the 2014-2015 school year will...
  • Yes on Proposition 41

     Yes on Proposition 41
    In 2008, California voters authorized a $900-million bond issue to shore up a state program that financed low-interest mortgages for veterans. The bonds have never been sold, however, because demand for the loans has all but evaporated. Now, a new...
  • Battle Of Tax Cuts As Session Opens Wednesday

    Battle Of Tax Cuts As Session Opens Wednesday
    HARTFORD — The battle over tax cuts and rebates will take center stage Wednesday when the 2014 General Assembly session opens in a year when the governor and the entire legislature are up for reelection. Like Republican John G. Rowland in 1998,...
  • Home loans hit 14-year low as rates rise

    Home loans hit 14-year low as rates rise
    The mortgage industry's output of new loans is at the lowest point in 14 years, according to estimates from a trade publication.  Inside Mortgage Finance said Thursday that even in the depths of the financial crisis, mortgage lenders were busier than...
  • Mortgages may be easier to get than potential home buyers believe

    WASHINGTON — Are you on the home-buying sidelines this spring because you think you won't be able to qualify for a mortgage? Do you know what sort of FICO credit scores are being accepted by lenders at the moment — they're lower than they were...
  • Repay loans or invest in the market? What to do with a tax refund

    Dear Liz: I got a big tax refund this year and am trying to figure out what to do with the money. Right now I have school loans with a 4% interest rate that I do not need to make a payment on until 2024 with my current payment plan, but the amount I owe...
  • Mortgage lending slows to a 14-year low

    Mortgage lending slows to a 14-year low
    Fewer home sales and rising interest rates have led to the nation's lowest level of mortgage lending in 14 years. Just $235 billion in home loans were started in the first three months of the year, the lowest figure recorded in a quarter since 2000,...
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...