Economy Oct 27 U.S. mortgage rates hit 20-year high, top 7 percent after Fed hikes By Matt Ott, Alex Veiga, Associated Press
Economy Apr 30 Watch 8:26 What to do if you can’t afford to pay your mortgage right now With more than 30 million Americans losing jobs or businesses and others forced to take pay cuts, making monthly rent and mortgage payments has become increasingly difficult. Viewers share their challenges, and John Yang talks to the National Consumer Law…
Economy Mar 29 Watch 4:13 How the outbreak’s economic disruption is impacting renters There are 44 million households that are renting in the U.S., but even before the massive economic disruption caused by the coronavirus pandemic many were already stretching their budgets to afford housing. But what will happen to them now? Hari… By Sam Weber
Making Sen$e Sep 18 How the Federal Reserve rate cut could affect your finances The Fed’s reduction of the federal funds rate is only one of many factors that affect the U.S. economy, but it can still trigger shifts that trickle down into Americans’ finances. By Gretchen Frazee
Making Sen$e Mar 05 Opinion: How this Senate banking bill could open the front door to housing discrimination Now is not the time for Congress to make it harder for state attorneys general to fill the void in consumer protection and civil rights enforcement that President Trump is creating. By Catherine Cortez Masto, Vanita Gupta
Feb 15 Watch 11:13 Struggle for black and Latino mortgage applicants suggests modern-day redlining Ten years since the economic recession, lending has returned for many Americans. Yet the gap between white and black homeownership is wider now than it was in 1960, with signs of modern-day redlining showing up across the country. Special correspondent… Continue watching
Mar 29 Is paying a ‘mortgage’ the answer to expensive prescriptions? By Michelle Andrews, Kaiser Health News An MIT economist and Harvard oncologist think that health care installment loans could help get highly effective but prohibitively expensive drugs into consumers’ hands. Continue reading
Sep 24 Watch 8:11 For some underwater mortgages, a chance to buy again at market rate By PBS NewsHour We may have heard that the housing crisis is over, but that’s not the case for many homeowners in lower-income neighborhoods across the country. Economics correspondent Paul Solman looks at how a Boston nonprofit lender is working to stop foreclosures… Continue watching
Jul 31 Mortgage servicers go to extreme lengths to skirt new regulations By Jeff Horwitz, Associated Press They are selling or have sold nearly nonexistent insurance agencies — in some cases with no offices, no websites and only a single registered agent — in multi-million dollar deals, as new rules prohibit them from collecting commissions on insurance… Continue reading
Nov 19 Watch Will JPMorgan’s record settlement set incentive for better bank behavior? Will JPMorgan's record settlement set incentive for better bank behavior?… Continue watching