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Mortgages News

U.S. mortgage rates rose during week (UPI) : WASHINGTON, July 24 (UPI) -- Interest rates for 30-year, fixed-rate mortgages rose in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday.
Mortgages: Inflation fears send mortgage rates soaring (Market Watch) : CHICAGO (MarketWatch) -- Mortgage rates spiked this week on inflation fears, with the benchmark 30-year, fixed-rate loan soaring more than a quarter percentage point to a national average 6.63%, its highest level in nearly a year, Freddie Mac said Thursday.
Report: Grand jury investigating 3 mortgage lenders (USA Today) : A federal grand jury in Los Angeles reportedly is investigating the nation's largest subprime mortgage lenders, Countrywide Financial, New Century Financial and IndyMac Federal Bank.

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