Real estate

FILE- This April 23, 2018, file photo shows a sold sign in front of a home in Jackson, Miss. On Thursday, May 17, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis, File)
May 17, 2018 - 1:17 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. The benchmark 30-year rate pushed toward the significant 5 percent level. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate...
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FILE- In this April 19, 2017, file photo, specialist Anthony Rinaldi is reflected in a screen at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, May 15, 2018. (AP Photo/Richard Drew, File)
May 15, 2018 - 4:45 pm
Losses in technology and health care companies helped pull U.S. stocks lower Tuesday, snapping an eight-day winning streak by the Dow Jones industrial average. The broad sell-off followed a slide in bond prices, which sent the 10-year Treasury yield to its highest level in almost seven years. That...
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May 10, 2018 - 10:25 am
WASHINGTON (AP) — The key long-term U.S. mortgage rate held steady this week, providing a lure for potential homebuyers as the spring buying season goes forward. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.55 percent, unchanged from last week. The...
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FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve issues new data Monday, May 7, 2018, on how much credit Americans took on in March. The tally, which excludes mortgages and other loans secured by real estate, is expected to show consumer borrowing increased by $15.6 billion. That would follow a gain of $10.6 billion in February. That gain pushed total consumer credit to nearly $3.9 trillion.(AP Photo/Andrew Harnik, File)
May 07, 2018 - 3:12 pm
WASHINGTON (AP) — Americans increased their borrowing by $11.6 billion in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below...
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May 03, 2018 - 6:56 pm
WILMINGTON, Del. (AP) — Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program were convicted Thursday of fraud and conspiracy charges. The former Wilmington Trust executives were convicted after a six-week trial in...
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FILE- In this April 23, 2018, file photo, a sold sign is displayed the front yard of this gated home in Jackson, Miss. On Thursday, May 3, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis, File)
May 03, 2018 - 10:43 am
WASHINGTON (AP) — The key long-term U.S. mortgage rate declined slightly this week, after a steady rise for most of April that pushed the rate to its highest level in more than four years. With the spring buying season underway, mortgage buyer Freddie Mac says the average rate on 30-year, fixed-...
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Britain's Prime Minister Theresa May speaks with employee Graeme Sharrocks, left, during a visit to IKO Polymetric factory in Chesterfield, England, while on the election campaign trail, Thursday April 27, 2017. Britain goes to the polls for a General Election on upcoming June 8. (Anthony Devlin/PA via AP)
April 28, 2017 - 6:55 am
LONDON (AP) — Britain's economy slowed in the first three months of the year as concerns about the U.K.'s exit from the European Union spurred inflation and forced consumers to rein in spending. The economy grew 0.3 percent from the previous quarter, slower than the 0.4 percent forecast, the Office...
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April 27, 2017 - 10:36 am
WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week for the first time in five weeks. The benchmark 30-year rate pushed back above the key threshold of 4 percent. Mortgage buyer Freddie Mac says the average rate on 30-year fixed-rate home loans increased to 4.03 percent from 3.97 percent...
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FILE - In this Wednesday, Oct. 7, 2015, file photo, Consumer Financial Protection Bureau Director Richard Cordray listens to a speaker during a a hearing in Denver. State and federal authorities are suing Ocwen Financial Corp., saying the mortgage servicing company botched the handling of millions of mortgage accounts. The Consumer Financial Protection Bureau said Thursday, April 20, 2017, that Ocwen generated errors in borrowers' accounts, failed to credit payments, illegally foreclosed on homeowners, and charged borrowers for add-on products without their consent. Ocwen is one of the nation's largest non-bank mortgage lenders. (AP Photo/Brennan Linsley, File)
April 20, 2017 - 3:38 pm
NEW YORK (AP) — State and federal authorities have sued mortgage servicer Ocwen Financial Corp., saying the company botched the handling of millions of mortgage accounts. The action sent Ocwen's shares plunging about 50 percent. The Consumer Financial Protection Bureau said Thursday that the...
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April 20, 2017 - 2:28 pm
WASHINGTON (AP) — The average U.S. mortgage rate fell below a key threshold of 4 percent this week, its lowest level in five months. Mortgage buyer Freddie Mac said Thursday that the average interest rate on 30-year fixed-rate home loans declined to 3.97 percent this week from 4.08 percent last...
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