Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Regulators target mortgage bankers Top federal regulators directed banks to tighten their mortgage lending practices, warning that interest-only loans and other nontraditional mortgages pose a risk to the banking system and the economy.read more...
Residential Capital selects CEO 's finance arm, named Bruce Paradis its CEO. The move comes after GM said it might sell a stake in its profitable General Motors Acceptance Corp.read more...
FBI: Beware of mortgage fraud (CNN Money) FBI officials Tuesday disclosed complaints of mortgage fraud are piling up at record levels this year, and appear certain to shatter last year's record.read more...
Mortgage rates rise on worries about Fed's next move (Columbus Ledger-Enquirer) Mortgage rates rose again this week on worries about what the Federal Reserve will do next. One-year adjustable rate mortgages hit the highest level in nearly five years.read more...
Existing home sales fall but 2005 a record But for the year, 7.072 million homes were sold, making 2005 the fifth annual record in a row, the National Association of Realtors said.read more...
The number of applications for mortgages from major U.S. banks rose a seasonally adjusted 1.8% last week as fixed-rate mortgage rates fell to six-month lows, the Mortgage Bankers Association reported Wednesday.
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