Freddie Mac News
Excerpt: Ben Bernanke's 'The Courage to Act'
Excerpted from The Courage to Act: A Memoir of A Crisis and Its Aftermath by Ben S. Bernanke. Copyright © 2015 by Ben S. Bernanke. With permission of the publisher, W. W. Norton & Company, Inc. All rights reserved. Prologue: I Can Still Stop This . . . It was 8:00 p.m. Tuesday, September 16, 2008.
US 30-Year Average Mortgage Rate Rises to 4.13 Percent
Long-term U.S. mortgage rates climbed for the sixth straight week in the aftermath of Donald Trump's election win, marking new highs for the year. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan jumped this week to 4.13 percent from 4.08 percent the previous
AP National News Calendar
Eds: Major scheduled events for the week of Dec. 4-10. Note that many events are subject to change at the last minute. The following economic reports will be issued in Washington (all times EST), unless otherwise noted: SUNDAY: No events of note. MONDAY: Institute for Supply Management releases its
US 30-Year Average Mortgage Rate Rises to 4.08 Percent
Long-term U.S. mortgage rates marked a fifth week of surges in the aftermath of Donald Trump's election win, reaching their highest levels this year
What to Know About the Anticipated Increase in Interest Rates
Federal Reserve chairwoman finally laid some jitters of investors to rest when she said that interest rates are likely to rise later this year, which can affect everything from your savings to credit card fees. The Federal Reserve has kept short-term interest rates near zero since 2008, so many
What Households Should Know Following Fed Decision to Keep Interest Rates Unchanged
The Federal Reserve's decision today to keep interest rates unchanged may mean consumers can make some decisions while rates remain near zero. Mark Zandi, chief economist with Moody's, said he expects the Fed to begin raising rates before the year is over. "However, the longer they wait to begin
Giant Butter Cow, Sculpture Contest Draw Big Crowds at Iowa State Fair
ABC News' Charli James and Josh Haskell get an up-close look at impressive dairy designs.
How to Get Your Finances in Order Before You Buy a Home
To successfully buy a home these days, you'll need patience, resilience to rejection and sound financial planning. You don’t need to earn gobs of money to successfully purchase a home -- well, depending on your area. You do, however, need to have enough income left over after your proposed mortgage
Fannie Mae, Freddie Mac Bailout Risk Rising
Fannie Mae and Freddie Mac, entities that received $188 billion in bailout funds in 2008, are at risk again, according to the Federal Housing Finance Agency.