Business » Finance

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Average US Rate on 30-Year Mortgage Drops to 3.84 Pct

Sep 1
Average long-term U.S. mortgage rates dropped this week to their lowest levels since May, in a week marked by turmoil in global markets that was stoked by economic developments in China.

Key Factors to Consider on Interest-Only Mortgages

By Alex Veiga | Aug 28
The loans can lower monthly mortgage payments by letting borrowers put off paying the principal on their loan for several years. When the interest-only period ends, the borrower's monthly payment spikes.

Stay the Course: Fund Managers Hold Steady as Markets Tumble

By Stan Choe | Aug 27
When markets around the world started falling last week, the first reaction of stock-fund manager Craig Hodges was to do nothing. It wasn't until Monday morning, as the Dow Jones industrial average plummeted when Hodges was ready to make a move.

Wall Street's Wild Ride

Aug 26
David Nelson, Chief Strategist at Belpointe Asset Management, discuss what's happening in the financial markets.

Q&A: What a Stock Market 'Correction' Means to You

Aug 26
The stock market's steep decline this month has pushed the Dow Jones industrial average, the Standard & Poor's 500 index and the Nasdaq composite into what is known as "correction" territory.

Markets Look for Recovery after Monday Meltdown

Aug 25
Shanghai's volatility on Monday prompted the plunge for American investors.

Why Stocks are Tumbling 6 Years into the Bull Market

By Bernard Condon, Ken Sweet | Aug 25
For years, investors in U.S. stocks shrugged off threats - a government shutdown, fear of a euro collapse, a near U.S. debt default - and just kept on buying.

US Home Sales Soar in July to Fastest Pace Since Early 2007

By Josh Boak | Aug 22
Americans stepped up their home-buying for a third straight month in July, as sales accelerated to the strongest pace in eight years.

Average US Rate on 30-Year Mortgage Eases to 3.93 Pct

Aug 21
Average long-term U.S. mortgage rates edged lower this week, with the key 30-year loan rate remaining under 4 percent.

Fund Manager Q&A: Real Estate Funds Can Rebound

By Alex Veiga | Aug 17
It's a great time to be a landlord. You just wouldn't know it by looking at how real estate investment trusts are faring this year. Demand for apartments, storage space and other commercial real estate has grown as the economy adds jobs at a solid clip.

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