Finance
-
Job fears keep most from historic low mortgage ratesJun 29, 2010 11:00 pm - Mortgage rates may be historically low, but whether that translates into helping homebuyers and homeowners is still up for debate. Some experts see high unemployment, ho...
-
Interest rates extend drop on fears of slowdownJun 28, 2010 11:00 pm - NEW YORK -- Interest rates fell to new lows for the year Monday in the bond market after concerns grew that a global rebound is stalling. The yield on the benchmark 10-y...
-
Mortgage rates sink to lowest level on recordJun 23, 2010 11:00 pm - WASHINGTON -- Mortgages are cheaper today than they've been in a half-century. If only most people had the job security, the credit rating and the cash to qualify for on...
-
Morningstar to offer new research on 529 plansJun 23, 2010 11:00 pm - CHICAGO -- Picking a 529 savings plan for your child's college education may be about to get easier. Morningstar Inc. is unveiling new research tools designed to simplif...
-
Study: Financial executives fear new regulationsJun 22, 2010 11:00 pm - NEW YORK -- Financial services executives believe proposed financial oversight legislation will have a negative impact on their businesses, according to a new study fro...
-
Fannie Mae to penalize homeowners who walk awayJun 22, 2010 11:00 pm - WASHINGTON -- Government-sponsored mortgage purchaser Fannie Mae is trying to encourage distressed homeowners to find alternatives to foreclosure by banning those who wa...
-
More who sought mortgage help in danger of losing homesJun 20, 2010 11:00 pm - WASHINGTON -- The Obama administration's flagship effort to help people in danger of losing their homes is falling flat. More than a third of the 1.24 million borrowers ...
-
Freddie Mac: Mortgage rates up from yearly lowJun 16, 2010 11:00 pm - NEW YORK -- Rates on 30-year fixed mortgages backed off from yearly lows this week, but still remain historically cheap. Mortgage finance company Freddie Mac says the av...
-
Fannie Mae, Freddie Mac to delist shares from NYSE
Jun 15, 2010 11:00 pm - NEW YORK -- Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange after their stocks had troub...
-
BP shares steady despite downgradeJun 14, 2010 11:00 pm - LONDON -- An influential ratings agency downgraded BP on Tuesday because of worries about the continuing Gulf of Mexico spill, but the oil company's shares steadied foll...