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WASHINGTON (Reuters) - The U.S. Senate is due to vote finally on Saturday to approve a major housing market rescue bill, including federal financial assistance for Fannie Mae (FNM.N) and Freddie Mac (FRE.N) , the mortgage...
File photo of presumptive Republican presidential nominee Sen. John McCain dated July 8, 2008. (UPI Photo/Roger L. Wollenberg) WASHINGTON, July 24 (UPI) -- Republican U.S. presidential hopeful John McCain Thursday sharply...
WASHINGTON -- Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades. The National Association of Realtors reported that sales...
By Martin Crutsinger, AP Economics Writer WASHINGTON — Mortgage rates shot up this week, with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at...
By Kristina Cooke NEW YORK (Reuters) - Shares of mortgage finance companies Fannie Mae and Freddie Mac fell more than 13 percent, just a day after the House approved a housing rescue package that would include a U.S. government...
