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Fed balance sheet shrinks in latest week
ReutersNEW YORK (Reuters) - The Federal Reserve's balance sheet shrank in the latest week on lower holdings of mortgage-backed securities and agency debt, Fed data released on Thursday showed. The Fed's balance sheet, which is a broad gauge of its lending to...Tags: Fannie Mae, Freddie Mac, Federal Reserve
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Tax breaks benefit rich households the most, report says
WASHINGTON — Federal income tax breaks disproportionately benefit wealthier households, according to a report issued Wednesday that is certain to become ammunition in the budget battles as Congress debates the best ways to reduce Washington's...
Tags: Personal Income, Pension and Welfare, Budgets and Budgeting, Taxation, Health Insurance
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Making an irresistible home offer
You've found a home you can afford, in a great neighborhood with good schools. It even has a fenced-in yard for your dog. What could go wrong? Any number of things, ranging from a competing buyer's all-cash offer to an insufficient earnest money deposit...
Tags: Economy, Business and Finance, Services and Shopping, Real Estate Buyers, Condos and Houses, Finance
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Freddie Mac: 30-year mortgage rate hits 3.81%, highest in a year
Mortgage rates shot sharply higher this week in reaction to the improving economy, with Freddie Mac’s survey reporting that the average for a 30-year fixed loan rose from 3.59% last week to 3.81% -- the highest in more than a year. The survey, out...
Tags: Money and Monetary Policy, Homes, Loans, Federal Deposit Insurance Corporation, Financial and Business Services
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TREASURIES OUTLOOK-Yields jump to highest levels in a year
Reuters* Prices fall as stocks recover * 10-year yields break above support, add to sell pressure * Treasury auctions $35 billion two-year notes in tepid sale * Fed buys $1.45 billion in bonds due 2036-2043 By Luciana Lopez and Karen Brettell NEW YORK, May 28...Tags: Economy, Business and Finance, Employment Opportunities, Inflation and Deflation, Finance, Auction Service
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ANALYSIS-U.S. housing price gains mask lingering market weaknesses
ReutersBy Tim Reid LOS ANGELES, May 28 (Reuters) - The recovery in the U.S. housing market is showing a pattern far different from what followed previous downturns, experts say, suggesting that the dramatic price gains of recent months may not be sustainable....Tags: Homes, Economy, Business and Finance, Financial and Business Services, Credit Ratings, Finance
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PRESS DIGEST - Financial Times - May 29
ReutersMay 29 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Ads on Facebook dropped after appearing next to offensive posts () EU eases hard...Tags: Economy, Business and Finance, Wal-Mart Stores, Inc., Finance, Corporate Crime, Politics
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Four banks win Lloyds mortgage-bond bid list
ReutersBy Adam Tempkin and Owen Sanderson NEW YORK-May 30 - Four investment banks snapped up a massive US$8.7 billion bid list of legacy non-agency RMBS auctioned off by Lloyds TSB on Thursday. The bid list of private-label mortgage bonds -- known as a bid...Tags: Economy, Business and Finance, Banking, Morgan Stanley Dean Witter & Company, Finance, Auction Service
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Surge in U.S. mortgage rates could force buyers off the fence
ReutersNEW YORK (Reuters) - Worries the Federal Reserve may begin to slow its stimulus efforts sent U.S. mortgage rates last week to their highest level in a year, a surge that could be a headwind to the nascent housing recovery should they march much higher....Tags: Economy, Business and Finance, Financial and Business Services, Credit Ratings, Real Estate Sales, Derivative Securities
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May 30, 2013
|Story| Reuters
May 29, 2013
|Story| Los Angeles Times
May 31, 2013
|Story| Chicago Tribune
May 30, 2013
|Story| Los Angeles Times
May 28, 2013
|Story| Reuters
May 28, 2013
|Story| Reuters
May 28, 2013
|Story| Reuters
May 30, 2013
|Story| Reuters
May 27, 2013
|Story| Baltimore Sun
May 29, 2013
|Story| Reuters
May 18, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
Original site for Mortgages topic gallery.