Obama Hits Brakes on a Bill That Could Speed Foreclosures

Putting the brakes on the bill, which the House of Representatives passed in April and the Senate approved last month, signals caution at a time when allegations of flawed foreclosure documents are popping up across the nation….

Mortgage Rates Fall to New Record Low: 4.27%

The average 30-year fixed-rate mortgage fell to a bargain-basement 4.27% for the week ending Oct. 7, a new record low, Freddie Mac announced Thursday. That’s down from the 4.32% rate last week, and way below the 4.87% rate that…