Mortgage rates stay below 6 percent

Rates on 30-year mortgages edged down slightly this week, staying below 6 percent, although rates on other types of mortgages rose.

Mortgage bankers cleaning up mess they made
Across the country, key players in the real estate boom are adapting to the new reality of the marketplace and are finding new success by offering solutions to the problems they helped to create.

Fannie, Freddie may raise $20 billion
Fannie Mae’s and Freddie Mac’s regulator will allow the mortgage financiers to raise as much as $20 billion in capital as part of an agreement that lets them buy more debt securities, Bloomberg News said on Friday.