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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles

Displaying items 23-33
  • Mortgage rates jump to 4-month high

    Mortgage rates jump to 4-month high
    Average fixed mortgage interest rates had their biggest one-week jump of the year this week, bringing them to levels not seen since early May. The increases followed several ho-hum weeks with rates little changed. The average interest rate on a 30-year,...
  • Freddie Mac: 30-year mortgage rate jumps to 4.23% from 4.12% last week

    Freddie Mac: 30-year mortgage rate jumps to 4.23% from 4.12% last week
    Mortgage rates rose this week at the fastest pace of the year, with Freddie Mac's survey showing lenders were offering 30-year fixed-rate loans at an average of 4.23%, up from 4.12% last week.  It was the highest rate that the weekly survey has recorded...
  • Fannie Mae was good idea — in the 1930s, and now

    In 1938, with the country in its ninth year of the Great Depression, the federal government created Fannie Mae to purchase FHA-insured mortgages. At first glance, this may seem counterintuitive. If no one wants to buy mortgages — even when the...
  • Inheritance will not trigger call of condo's mortgage

    Inheritance will not trigger call of condo's mortgage
    By Ilyce Glink and Samuel J. Tamkin Q: In 2008, I moved in with my 80-year-old father. He recently passed away, and I inherited his condominium and the $150,000 mortgage. I want to remain in the condo and continue paying the mortgage. My lawyer wants...
  • Relatives wrangle over inherited house

    Relatives wrangle over inherited house
    By Ilyce Glink and Samuel J. Tamkin Q: My father died unexpectedly in December. I have two siblings, and for most of our lives Dad was destitute. So we never expected much in the way of an inheritance. About 10 years before he died, he moved in with his...
  • DoubleLine files with SEC to register Long Duration Bond Fund

    NEW YORK (Reuters) - Jeffrey Gundlach's DoubleLine Funds filed on Wednesday with the U.S. Securities and Exchange Commission to register shares of its Long Duration Total Return Bond Fund. The SEC filing said the Long Duration fund, which is expected to...
  • Glitches, complaints plague Ocwen, other mortgage servicers

    Glitches, complaints plague Ocwen, other mortgage servicers
    Tyesha Hansborough and her husband, Christley Paton, had paid the property insurance on their Inglewood home along with their mortgage, putting the money in escrow like most homeowners. Trouble is, the couple said, their mortgage servicer —...
  • Fed offers clarity, sort of, as bond buying ends

    WASHINGTON The Federal Reserve Wednesday announced it would trim its bond buying by another $10 billion, leaving it on course to end next month the controversial program designed to support the sluggish U.S. economic recovery. The Fed has been tapering...
  • Woman stole $20,000 in Hollywood property auction case, cops say

    Woman stole $20,000 in Hollywood property auction case, cops say
    A Pembroke Pines woman is accused of acting as a real estate agent and stealing $20,000 from a bidder on a Hollywood property, police say. Sarah Yasmine Caballero, 34, is charged with larceny, knowingly writing a check with insufficient funds and...
  • U.S. mortgage applications rise in latest week: MBA

    NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as both purchase and refinancing applications jumped, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage...
  • Attorney General: Big banks defrauded Virginia's retirement system

    Attorney General: Big banks defrauded Virginia's retirement system
    Virginia has filed a lawsuit against many of the world's largest banks, arguing that they defrauded state employees, retirees and taxpayers out of hundreds of millions of dollars by lying about mortgage-backed securities that contributed to the recent...