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Loans

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Top Loans Articles

Displaying items 12-22
  • 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...
  • Debt-to-income ratio can sink mortgage application

    WASHINGTON — For many home buyers, qualifying for a mortgage not only is a tough challenge but one that ends unhappily: They get rejected. The reasons for the turndowns typically involve multiple factors, including below-par credit scores,...
  • The Huntington adds highlights to its American collection

    The Huntington adds highlights to its American collection
    Gainsborough's "Blue Boy," Thomas Lawrence's "Pinkie," landscapes by Constable and Turner: British art from the 17th, 18th and 19th centuries will always be a hallmark of the Huntington Library, Art Collections, and Botanical Gardens in San Marino. Yet...
  • Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion

    Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion
    OneWest Bank in Pasadena, born from the ashes of failed high-risk home lender IndyMac Bank, has agreed to be acquired by commercial lender CIT Group for $3.4 billion, a hugely profitable deal for the hedge-fund and private-equity investors that have owned...
  • Abstract Frank Stella sculpture 'Adjoeman' joins Cedars-Sinai artworks

     Abstract Frank Stella sculpture 'Adjoeman' joins Cedars-Sinai artworks
    An enormous abstract sculpture, a sailboat of sorts, rests on a pedestal at the intersection of Beverly and San Vicente boulevards in West Hollywood. Its dark, carbon-fiber sails seem to billow in the wind, and corkscrew spirals of stainless steel, like...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
  • Tribune Publishing says it can carry more debt after spinoff

    Tribune Publishing says it can carry more debt after spinoff
    Tribune Publishing may have the flexibility to carry more than $350 million in debt after its planned spinoff from Tribune Co., which sources say is expected to happen in early August. In an amendment filed with the Securities and Exchange Commission...
  • Online calculators can assist with many financial choices

    Ever wonder how much home you can afford, if there's room in your budget for a new car or how big of a nest egg you need to retire? The answers to these questions are rarely exact, but an abundance of online financial calculators promises to help you get...
  • When a budget deficit hawk gets into debt

    When a budget deficit hawk gets into debt
    Gov. Bob McDonnell was blunt: The nation's debt, he told a radio audience back in 2010, was so large that it was "immoral and unsustainable." That year, the federal government's debt stood at $13.6 trillion, roughly six times its total annual income....
  • St. Charles OKs funding for Red Gate water tower

    St. Charles OKs funding for Red Gate water tower
    St. Charles City Council approved on Monday a nearly $3.7 million bid to construct 1.5 million-gallon water tower at the corner of Red Gate Road and Route 25. The council voted unanimously to issue a notice of intent to award the construction project to...
  • Council authorizes $16.4 million bond for new senior center facility

    After months of study sessions and planning, the Huntington Beach City Council took two major steps Monday toward making a long-awaited senior center a reality. Council members voted unanimously to authorize taking out a $16.4 million bond to help pay...