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  • 96,000 borrowers shortchanged

    96,000 borrowers shortchanged

    Due to a processing error, borrowers received checks for less than what they were owed under a mortgage settlement reached with 13 mortgage servicers, the Federal Reserve said.

    CNNMoney
  • Where the mortgage deduction really pays

    Where the mortgage deduction really pays

    The mortgage interest deduction is claimed by less than a third of all tax filers, and its benefits are distributed unevenly across states -- factors that may become part of the tax reform debate.

    CNNMoney
  • Homebuyers clueless about mortgages

    Homebuyers clueless about mortgages

    When it comes to mortgages, nearly one-third of homebuyers are in the dark about terms, which lender to choose and financing, according to a survey by Zillow.

    CNNMoney
  • Sentiment shift: Home prices to rise

    Sentiment shift: Home prices to rise

    A majority of Americans forecast home prices will rise over the next 12 months for the first time in three-year old survey by Fannie Mae.

    CNNMoney
  • Secret 'pocket listings' return in hot housing markets

    Secret 'pocket listings' return in hot housing markets

    The housing rebound has given new life to an old, but little-known sales practice called "pocket listings" where realtors keep certain homes reserved for serious buyers only.

    CNNMoney
  • Hidden fees for homebuyers

    Hidden fees for homebuyers

    FHA will generate $10 billion by locking middle-class borrowers into high fees for decades.

    Fortune
  • BofA, Wells Fargo sued for mortgage settlement violation

    BofA, Wells Fargo sued for mortgage settlement violation

    Lawsuits from New York Attorney General Eric Schneiderman are the first legal actions from federal or state officials over banks' alleged non-compliance with the mortgage settlement.

    CNNMoney
  • 15-year mortgage rate hits record low

    15-year mortgage rate hits record low

    Mortgage rate for 15-year fixed loan falls to 2.61% in latest week, Freddie Mac says.

    CNNMoney
  • Builders hold lotteries for eager new homebuyers

    Builders hold lotteries for eager new homebuyers

    Demand among homebuyers is so high in some parts of the country that builders are holding lotteries to determine who gets the right to purchase a home in their latest developments.

    CNNMoney
  • Home price rise continues to pick up speed

    Home price rise continues to pick up speed

    S&P Case-Shiller home price index shows largest 12-month jump since the height of the 2006 bubble.

    CNNMoney
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Overnight Avg Rate Latest Change Last Week
30 yr fixed3.77%3.60%
15 yr fixed2.88%2.74%
5/1 ARM2.66%2.54%
30 yr refi3.76%3.58%
15 yr refi2.88%2.73%
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