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News about Mortgages:
Treasury Department considering mortgage market intervention - Charleston Daily MailWASHINGTON -- The Treasury Department is strongly considering a plan to intervene directly into the mortgage industry to dramatically force down rates and stimulate the moribund housing market, according to sources familiar with the proposal. Under ...
State colleges get an 'F' for affordability - Hattiesburg AmericanMississippi gets an F in making college affordable. The National Center for Public Policy and Higher Education this week released its biennial report card on how well states provide Americans with education and training beyond high school. Higher ...
Bankrate: Mortgage Rates Fall Further - Yahoo FinanceNEW YORK, Dec. 4 /PRNewswire-FirstCall/ -- Mortgage rates dipped again this week, with the average 30-year fixed mortgage rate falling from 5.97 percent to 5.92 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed ...
Ahead of the Bell: Plan could cut mortgage rates - MSN MoneyCentralBeazer Homes USA Inc ( BZH ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - Financial industry lobbyists are pushing the Treasury Department to enact a plan that could help send mortgage interest rates to as low as 4.5 percent in an ...
Treasury mulls plan to lower mortgage rates to 4.5% - CNN MoneyNEW YORK (CNNMoney.com) -- Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said. Similar to an effort unveiled last ...
2 European central banks slash rates - CNN Money2 European central banks slash rates Bank of England slashes key lending rate Job recovery could be slow and weak Stocks set for cautious start Treasury mulls plan to lower mortgage rates to 4.5% NEW YORK (CNNMoney.com) -- Two European central banks ...
Toll loss narrows, shares rise sharply - MSN MoneyCentralNEW YORK (Reuters) - Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, and its shares rose sharply as homebuilders extended a rally spurred by improved mortgage rates ...
News roundup: UAW eyes concessions; Treasury considers new mortgage ... - USA Today BlogsThe United Automobile Workers is willing to make "major concessions" to help save the Big Three, according to The New York Times . The Washington Post says officials at Treasury are "strongly considering" a plan that would encourage mortgage lenders ...
Lower mortgage rates help but jobs, prices key - ReutersNEW YORK (Reuters) - The lowest mortgage rates in three years are luring first-time buyers and cost-cutting refinancers, but falling home prices and mounting unemployment will keep U.S. housing in its deepest slump since the Great Depression ...
Premarket roundup: Autos, housing - ForbesNEW YORK (AP) - Financial industry lobbyists are pushing the Treasury Department to enact a plan that could help send mortgage interest rates to as low as 4.5 percent in an effort to shake up the moribund housing market. NEW YORK (AP ...
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