Mortgage rates reach their highest levels in four months
Mortgage rates climbed to their highest point in four months this week, rising to pre-Brexit levels. When Britain voted to withdraw from the European Union in late June, home-loan rates...
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Mortgage rates wander higher but remain near yearly lows
Federal Reserve Chair Janet Yellen's speech last week had little effect on mortgage rates. The speech at a Jackson Hole, Wyoming, economics conference signaled that the central bank is moving...
Mortgage rates down slightly, remain stalled near yearly lows
Like the rest of us suffering through August's oppressive heat, mortgage rates have been disinclined to move much. There just hasn't been enough positive or negative economic data recently to...
Mortgage rates remain low and look to stay that way for a while
Just months ago, low mortgage rates seemed a thing of the past. Most experts were predicting rates would rise throughout the year following the Federal Reserve's rate hike in December....
Mortgage rates haven’t been this low in three years
The stock market's plunge following the Brexit vote was bad for most people's retirement accounts but good for those looking to refinance their mortgage. Even as the market has started...
New tool used in housing recovery plans: Mapping
When Detroit was looking for ways to tackle its housing crisis, city officials first had to figure out how big the problem was. No one knew how many abandoned and...
Mortgage rates haven’t been this low in three years
Mortgage rates plummeted to their lowest levels in three years this week. Weak first-quarter economic growth, persistent global economic worries and last week's anemic jobs report all contributed to pushing...
In Detroit, the unconventional could revive a housing market
For Jazley Trouser, a 25-year-old Home Depot worker who has endured her share of hard times, the opportunity to become a homeowner was too good to pass up. With a...
A daughter’s fight for home after reverse mortgage
Lisa Lajoie has been trying to buy the 1,400-square-foot home in Brockton, Mass., where she grew up, ever since her mother, Aline Lajoie, died 17 months ago. Lisa Lajoie, who...