Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. ...more

March 26, 2009

The Fed lowered the interest rate Tuesday, from 1 percent to between zero and 0.25 percent. ...more

December 18, 2008

Government efforts to provide easier credit to consumers and help housing finance companies could push mortgage rates "well below 4 percent," a federal regulator said Wednesday. ...more

December 11, 2008

Federal Reserve officials are throwing everything they have into the fight to stabilize financial markets and restore economic growth. In the process, the Fed balance sheet is ballooning to $3 trillion, if not more. ...more

December 6, 2008

The economy may be tattered, but there are plenty of reasons for consumers to feel good in this market. For one, it no longer costs more to fill up the gas tank than it costs to take your sweetheart out to dinner. The following price comparisons may inspire gratitude. ...more

November 26, 2008

Consumers shopping for a loan have yet to see much benefit from the government takeover of Fannie Mae and Freddie Mac almost three weeks ago, but the new chief executive officers of the mortgage finance companies planned to tell lawmakers Thursday that they are working to stabilize the housing market. ...more

September 26, 2008

Home prices in July fell 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels. ...more

September 24, 2008

Homeowners rushed to take advantage of last week's drop in interest rates following the government's takeover of Fannie Mae and Freddie Mac, but rates are rising again on investor fears over the eroding conditions in financial markets. ...more

September 18, 2008

Housing prices have been dropping for some time and now that the government has taken control of Freddie Mac and Fannie Mae interest rates are coming down as well. ...more

September 14, 2008

Mortgage rates have risen about a half a percentage point over the past five weeks, according to mortgage research firm HSH Associates' latest survey. ...more

July 13, 2008