Mortgage Rate

Md. AG announces mortgage rate settlement

Maryland Attorney General Doug Gansler has announced an agreement with Wells Fargo relating to allegedly deceptive marketing of adjustable rate mortgages written by companies it acquired in 2008.

Mortgage Rates Have Reached Record Lows, But Does Refinancing Make Sense?

Now that mortgage rates have hit record lows, many homeowners may be struggling with the decision of whether to refinance their mortgage.

Low mortgage rates fail to move market

What’s the magic number? Three? Two? One?

Why You'll Regret Not Buying a House Now

It is 2010. You're a first time, or maybe even a move-up homebuyer and you still aren't sure if buying a home now is the right thing to do now. Maybe you won't qualify for a mortgage. What if home prices haven't quite bottomed out yet? Perhaps, you don't know where to start.

Answer Desk: The Fed’s zero interest and you

Last week's move by the Federal Reserve to let a key interest rate fall to as low as zero has lots of readers asking: Where can I get some of this zero-percent financing? 

Homeowners face a 60 per cent jump in mortgage rates

More than a million homeowners face a jump in mortgage payments of up to 60 per cent when their cheap fixed-rate deals end. Analysts fear the impact will result in a surge in repossessions.

Blacks suffer most in U.S. foreclosure surge

...Blacks 3.8 times more likely than whites to receive a higher-cost home loan