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Mortgage Lending

A new housing subdivision. (credit: Jeff Haynes/AFP/Getty Images)

Rate On 30-Year Mortgage Down To Record 3.88 Pct.

The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so.

01/19/2012

A bank owned sign is seen in front of a foreclosed home. (credit: Joe Raedle/Getty Images)

Local Homeowners Flock To Event For Mortgage Help

North Texans, struggling to make mortgage payments, have a chance to save their dream. The Save the Dream Event” began Thursday at the Dallas Convention Center — aimed at helping homeowners cut through mortgage red tape.

09/15/2011

A Bank of America sign it seen outside a bank branch. (credit: Saul Loeb/AFP/Getty Images)

Bank Of America To Cut 3,500 Jobs

Bank of America Corp., the nation’s largest bank, said Friday that it plans to cut 3,500 jobs by the end of September.

08/19/2011