A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...

Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank's effective benchmark rate to ...

"Mortgage rates likely had this cut - and this expected rate path - priced in, and lower mortgage rates, now close to 6%, have resulted in much more refinance and some additional purchase activity in ...

The Student Loan Marketing Association, or SLMA as it was known, soon acquired the nickname "Sallie Mae." You may be familiar ...

The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have ...

Mortgage rates fell to the lowest level in two years a day after the Federal Reserve cut its benchmark interest rate. The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, according to data ...

Median home prices in 96 metro Phoenix ZIP codes climbed or stayed flat during April, May and June compared to the same period last year.

The moment the Federal Reserve announced an upcoming drop in interest rates, millions of Americans likely wondered whether ...

The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.

This week, the Federal Reserve cut its influential federal fund rates by 50 basis points. That could shake up the dynamic of ...

The N&O consulted financial and real estate experts on the ground for their biggest takeaways. Mortgage rates had already ...

The yield on the 10-year note ended September 20, 2024, at 3.73%, the 2-year note ended at 3.55%, and the 30-year at 4.07%.