Mortgages

A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021. The year opens against the continuing backdrop of damage from the coronavirus pandemic on the U.S. and global economies, which suppressed home loan rates through most of 2020. (AP Photo/John Raoux)
January 07, 2021 - 8:25 am
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021. The year opens against the continuing backdrop of damage from the coronavirus pandemic on the U.S. and global economies, which suppressed home loan rates through most of 2020. Mortgage...
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An "I'm Taken" placard rests on a real estate for sale sign outside a home, Thursday, Dec. 10, 2020, in Manchester, N.H. U.S. long-term mortgage rates declined this week to record low levels for the 15th time this year against the backdrop of an economy ravaged by the pandemic. Mortgage finance giant Freddie Mac said Thursday, Dec. 17, 2020, that the average rate on the 30-year fixed-rate home loan fell to 2.67% from 2.71% last week. A year ago, the benchmark rate stood at 3.73%. (AP Photo/Charles Krupa)
December 17, 2020 - 11:27 am
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week to record low levels for the 15th time this year against the backdrop of an economy ravaged by the pandemic. Mortgage finance giant Freddie Mac said Thursday that the average rate on the 30-year fixed-rate home loan fell to 2.67%...
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Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
December 16, 2020 - 12:02 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely. The Fed also reiterated after its latest policy meeting...
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FILE - This Sept. 19, 2011, file photo shows a home with a for sale sign in front, in Newton, Mass. U.S. long-term mortgage rates were unchanged this week, remaining at record low levels against the backdrop of an economy punished by the pandemic. Mortgage finance giant Freddie Mac said Thursday, Dec. 10, 2020 that the average rate on the 30-year fixed-rate home loan remained at 2.71% from last week. By contrast, the benchmark rate stood at 3.73% a year ago.. (AP Photo/Steven Senne, File)
December 10, 2020 - 5:09 pm
WASHINGTON (AP) — U.S. long-term mortgage rates were unchanged this week, remaining at record low levels against the backdrop of an economy punished by the pandemic. Mortgage finance giant Freddie Mac said Thursday that the average rate on the 30-year fixed-rate home loan remained at 2.71% from...
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December 07, 2020 - 9:53 am
CHARLOTTE, N.C. (AP) — Nationstar Mortgage, which operates under the brand Mr. Cooper, was ordered to repay $73 million to roughly 40,000 homeowners for repeatedly failing to provide even the most basic operations as a mortgage servicing company over four years, the Consumer Financial Protection...
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Nicole Walcott stands inside the alternative wellness center she opened three years ago in downtown Fayetteville, N.C. on Friday, Nov. 20, 2020. The U.S. Army is confident her small business would have failed amid the coronavirus pandemic without help from non-profit grants and financial assistance. (AP Photo/Sarah Blake Morgan)
December 06, 2020 - 10:41 pm
FAYETTEVILLE, N.C. (AP) — Nicole Walcott’s lip started to quiver as she turned her misty gaze away from a reporter’s question. “I don’t want to cry on camera,” the 33-year-old said when asked why she’s fought tooth and nail to keep her small business open amid a pandemic that’s crushing countless...
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A home for sale with a "Sold" sign attached is viewed Monday, Oct. 12, 2020, in Miami Beach, Fla. U.S. long-term mortgage rates remained at record lows this week as the coronavirus pandemic continues to threaten the economy. (AP Photo/Wilfredo Lee)
November 25, 2020 - 2:33 pm
WASHINGTON (AP) — U.S. long-term mortgage rates remained at record lows this week as the coronavirus pandemic continues to threaten the economy. Mortgage finance giant Freddie Mac reported Wednesday that the average rate on the 30-year fixed-rate home loan was unchanged this week from a record low...
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A real estate brokerage sign stands in front of a house, Tuesday, Oct. 6, 2020, in Norwood, Mass. On Thursday, Nov. 19, U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. (AP Photo/Steven Senne)
November 19, 2020 - 9:12 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84...
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FILE - A "sold" sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. On Thursday, Nov. 5, U.S. long-term mortgage rates were flat to lower this week, as the key 30-year rate fell to a new all-time low for the 12th time this year. (AP Photo/Michael Conroy)
November 05, 2020 - 9:00 am
WASHINGTON (AP) — U.S. long-term mortgage rates were flat to lower this week, as the key 30-year rate fell to a new all-time low for the 12th time this year. The background of economic anxiety in the recession set off by the pandemic, which has depressed home loan rates through the year, was...
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A newly constructed home is shown for sale, Thursday, Oct. 15, 2020, in Surfside, Fla. U.S. home prices posted a robust gain in August — another sign that the American housing market remains strong despite economic fallout from the coronavirus pandemic. (AP Photo/Wilfredo Lee)
October 27, 2020 - 6:28 am
WASHINGTON (AP) — U.S. home prices posted a robust gain in August — another sign that the American housing market remains strong despite economic fallout from the coronavirus pandemic. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, showed that home prices climbed 5.2...
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