Tag: copper ore

Mortgage rates fell over the past week, despite inflation hitting a 13-year high. What’s going on?

Benchmark mortgage rates slid over the past week, without any clear reason for a decline, continuing the reprieve for price-sensitive home buyers. The 30-year fixed-rate...

Home prices surge 12% in February, the biggest jump since 2006 — a $35,000 gain for median-priced homes

The number: The cost to purchase a home rose by a record amount, according to two major barometers of house prices in the U.S. The...

Homeowners’ new safety net leaves many at risk

As the federal government hastily stitches together a new safety net for struggling homeowners, housing advocates fear the relief may come too late for some...

Wall Street bet on financing self-employed home buyers. Will there be regrets?

Wall Street’s comeback story in U.S. housing finance has hinged on lending to self-employed borrowers and others who don’t quite fit the mold. It financed...

Mortgage rates soar above 3% — how high can they go before they scare off homebuyers?

Interest rates are rising quickly, and that has some worried about the effect that movement will have on the U.S. real-estate market. But one analyst...

‘Most people would seriously be stunned if they knew just how many credit scores there are’: Why your FICO score differs from Credit Karma

That’s the question many Twitter TWTR, users were asking this week, after scores of tweets about the personal-finance management company went viral. Many of these...

Biden administration extends nationwide eviction moratorium

U.S. President Joe Biden formally requested that officials extend the nationwide bans on evictions and foreclosures hours after his inauguration. Biden asked the U. S....

Federal regulators want to ‘modernize’ home appraisals — that could put some consumers at a disadvantage

A federal watchdog agency is investigating ways to modernize the process used to determine how much a home is worth. The Federal Housing Finance Agency,...

‘It is just a road that could take several years.’ Prospects for a quick privatization of Fannie Mae and Freddie Mac dim following Mnuchin comments

Treasury Secretary Steven Mnuchin indicated that he wouldn’t let Fannie Mae and Freddie Mac exit conservatorship if they weren’t well capitalized enough. Photo by Mandel...

Weekend reads: $500,000 and a retirement problem

ISTOCK/GETTY IMAGES Everybody’s financial scenario heading into retirement is different. This encompasses more than levels of savings or income — emotions come into play. What...

Wall Street home loans aren’t looking great in this crisis

Home for sale in San Francisco, California. Justin Sullivan/Getty Images Wall Street’s foray back into lending to homeowners with spotty credit isn’t looking great during...