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(Image from article: "450,000 to Get Payments in Countrywide Settlement")

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Rates on 30-year home loans rise to 5.05 pct

Rates for 30-year home loans rose above the 5 percent threshold for the first time in three weeks, but remained near historically low levels....

 

U.S. home foreclosures set another record in July

U.S. home foreclosures set another record in July

U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

 

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