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Mortgages

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  • Business Highlights

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  • Business events scheduled for the coming week

    All times are Eastern. MO WASHINGTON — Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases...

    Average US rate on 30-year mortgage rises to 3.80 percent

    Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.80...

    Mortgage rates climb for third straight week

    Mortgage rates climbed higher this week as lenders on average offered a 30-year fixed loan at 3.80%, up from 3.76% last week, according to Freddie Mac’s weekly survey. Rates have now increased for three straight weeks after hitting a bottom for...

    OneWest Bank takeover deal to be debated at hearing

    OneWest Bank takeover deal to be debated at hearing
    CIT Group's $3.4-billion takeover of Pasadena's OneWest Bank will come under scrutiny today at a public-benefit hearing called by U.S. bank regulators. The Federal Reserve and the Office of the Comptroller of the Currency scheduled the hearing at the...