Mortgage Companies News
US homebuilder sentiment climbs higher in May
U.S. homebuilders are feeling more optimistic about their business prospects, reflecting a recent surge in sales of newly built homes and a lingering shortage of previously occupied homes on the market
Average US 30-year mortgage rate ticks up to 4.05 percent
Long-term U.S. mortgage rates inched higher this week. The benchmark 30-year rate remained above the key threshold of 4 percent. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year fixed-rate home loans rose to 4.05 percent from 4.02 percent last week. The rate stood at 3.57
Steve Mnuchin's Controversial History With the Foreclosure Crisis
Critics are gearing up for a confirmation fight today over Steven Mnuchin -- Donald Trump ’s pick for treasury secretary -- who previously ran a bank that has faced criticism over its foreclosure record. Mnuchin, a Goldman Sachs veteran and former Hollywood producer, and a group of investors bought
How Fed Rate Hikes Will Impact Borrowers Next Year
The Federal Reserve raised interest rates on Dec. 14 for only the second time in a decade. You probably saw some headlines about mortgage rates or credit card costs and then went back to furious holiday preparation or clicked on another story about Donald Trump . After all, what’s a quarter point?
Democrats Sends Letter to Bankers Slamming Trump Picking Steve Bannon for Top Job
Top Democrats sent a letter Wednesday to banking industry leaders encouraging them to condemn and speak out against Donald Trump ’s decision to name former conservative news leader Steve Bannon the administration's chief strategist. “As leaders in the business community, you have a moral obligation
'Step Right Up': Hot Dogs and Hot Topics, Voters Spin the Wheel at Frank's
ABC News' Gary Westphalen and MaryAlice Parks talk with voters in the battleground election state of Ohio.
5 Questions to Ask Before Refinancing Your Mortgage
The mortgage checks most homeowners write every month serve as a regular reminder for them to look into potentially refinancing their mortgages at a lower rate. If that’s not enough of a reminder, the mortgage industry is one of the biggest advertisers around, pushing the supposed ease of
Woman's Money Disappears After Citibank Sign-Up Snafu
Dear ABC News Fixer: In June, I set up online bill-paying with Citibank to pay my mortgage. After I entered in the information, the system came up with an address for the servicer of my loan. I chose them as the payee, and proceeded to make a payment of $1,578.33. The payment cleared on June 13.
'10% Happier': Arianna Huffington
The co-founder and editor-in-chief of The Huffington Post talks about her new book, "The Sleep Revolution," with ABC News' Dan Harris.