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September 8, 2008 12:42:57 PM CDT

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Stories related to: mortgages

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3 Stories

  • July 2008

    • House Passes Huge Housing Rescue Bill

      The Hill  |  Jul 23, 08 5:34 PM CDT

      House Passes Huge Housing Rescue Bill

      (Newser) - The House today approved a massive bill to provide relief for struggling homeowners, communities hit hard by the housing crisis, and mortgage giants Fannie Mae and Freddie Mac, the Hill reports. The bill passed 272-152 hours after President Bush switched course and said he would not veto it. The measure is expected to clear the Senate by the end of the week. More »

      Tags

      housing crisis  • House of Representatives  • Fannie Mae  • Freddie Mac  • bailout  • mortgages

    • Mortgage Rates Surge to 5-Year High

      New York Times  |  Jul 23, 08 7:40 AM CDT

      Mortgage Rates Surge to 5-Year High

      (Newser) - Mortgage rates rose yesterday to a 5-year high of 6.71% as investors worried that—even with government intervention—Fannie Mae and Freddie Mac wouldn’t play as big a role in the $12 trillion US mortgage market as in the past, reports the New York Times . The rising rates threaten to further depress the struggling housing market. More »

      Tags

      Fannie Mae  • Freddie Mac  • mortgage backed securities  • mortgage rates  • mortgages

  • May 2008

3 Stories

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