What Wall Street reform means for your mortgage

What Wall Street reform means for your mortgage By Tami Luhby From CNNMoney.com NEW YORK (CNNMoney.com) — Predatory lending would likely become a thing of the past if proposed regulatory reform rules are put into practice. And that may mean that mortgages get more expensive and more difficult to get, lenders warn. The new rules, [...]

Record low mortgage rates, but are they beneficial?

By Colin Barr From Fortune Magazine Online Mortgage rates hit a record low this week, but few people will be taking advantage. Freddie Mac said Thursday the going rate on a 30-year fixed rate mortgage fell to 4.69%, its lowest level since the company started keeping track 38 years ago. The news comes as investors [...]