home loans

WASHINGTON a ' Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year's record lows.

The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb.

The Federal Deposit Insurance Corp. is encouraging companies that buy failed banks with troubled home loans to extend temporary help to people who have lost their jobs and can't pay their mortgage bills.

Due to the major U.S. role in the mortgage market, certain classes of borrowers cannot find home loans as publicly financed debt mounts.

Rates for 30-year home loans edged down this week, remaining close to record lows reached over the spring.

Rates for 30-year home loans dropped for the third-straight week, inching toward a record low reached earlier this year, Freddie Mac said Thursday.

Rates for 30-year home loans dropped for the third-straight week, inching toward a record low reached earlier this year, Freddie Mac said Thursday.

Obama's plan to revamp financial regulation aims to protect borrowers from the confusing and high-risk mortgages that fed a pandemic of delinquencies and foreclosures.

Rates for 30-year home loans jumped to the highest level in seven months this week, leading to a slowdown in refinancing activity, Freddie Mac said Thursday.

Rates on 30-year home loans rose this week and were poised to go higher as investors demanded higher rates for long-term government debt.