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Home loan rates are near their lows for the year, reflecting optimism over government efforts to help the housing markets, but analysts see little help for the worst-off borrowers and people with jumbo mortgages. Freddie Mac, the government-backed ...

Rate drops are of little help to many in California - Los Angeles Times

A massive interest rate cut this week has made more than 43,000 home borrowers Australia's biggest losers. The costs of exiting an average fixed rate mortgage jumped to $18,000 because break fees for the loan rise as interest rates fall. Banks charge ...

Stock & fund quotes - ninemsn

DUMMERSTON, Vt. -- I have written often over the past few years about the house of cards that is the American economy, but the events of the past week should frighten everybody. First, there was the collapse of IndyMac, a California bank deeply ...

On Native Ground - American Reporter

WASHINGTON -- Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a "backlash" from Congress, the head of the FDIC said Thursday. Sheila Bair, the chairman of the Federal ...

FDIC's Bair warns investors fighting loan changes - The State

This week Billy Annese turned 28. That's remarkable since doctors once predicted that he'd never make it past 16. Annese suffers from a disease called Friedreich's ataxia, a progressive neurological disorder that, much like multiple sclerosis, gets ...

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