(WASHINGTON)Mortgage application volume rose 7.5 percent during the week ending July 4, according to the trade group Mortgage Bankers Association's weekly application survey.READ MORE
(WASHINGTON)Industry data to be released Wednesday will show whether home loan applications continued to inch upward from nearly seven-year lows as mortgage rates dipped slightly last week.READ MORE
(NEW YORK)Shares of Bank of America Corp. rose Tuesday, leading the Dow Jones industrial average higher. The blue chip index jumped 152.25 points to 11,384.21, as investors were cheered by t...READ MORE
(WASHINGTON)Signs are emerging that the U.S. housing market's long slump is likely to fester through the summer, and the real estate market may not recover for at least another year.READ MORE
(WASHINGTON)Consumers boosted their borrowing in May, mostly reflecting heavy credit card use to finance their purchases. The Federal Reserve reported Tuesday that consumer credit increased at...READ MORE
(WASHINGTON)A measurement of pending home sales fell to the third-lowest reading on record in May as the housing market's recovery continued to prove elusive. The National Association of Realt...READ MORE
(NEW YORK)Diversified financial-services stocks lacked direction Tuesday morning following Federal Reserve Chairman Ben Bernanke's comments that the central bank may extend its lending effor...READ MORE