According to Freddie Mac 30-year, fixed-rate mortgages were at 6.32% this week, up from 6.09% last week, representing the highest level in almost eight months. 15-year, fixed-rate mortgages rose to 5.93% from 5.65% last week.Frank Nothaft, Freddie Mac's chief economist

Bank of America's proposed merger with subprimer lender Countrywide Financial has been approved by the Federal Reserve and is scheduled to be finalized later this year. This deal will make Bank of America the largest mortgage lender and loan servicer

The Federal Housing Administration announced today it will temporarily lift the 90-day waiting period for property resales financed using an FHA loan. The 90-day waiting period was established in 2003 to help counter predatory lending practices and i...

Mark Beverly was fired by "SuperAmerica" for attacking a robber who he believed was assaulting a co-worker. Linda Casey, a spokesperson for Marathon Petroleum Company (SuperAmerican's parent company) stated "He endangered himself and her, and that's why we have the

A fire on Chicago's South Side resulted in two serious personal injuries . The potentially deadly fire occurred early Friday morning in the 1800 block of South Troy Street. By the time the Chicago Fire Department had arrived, the fire

A multi car train derailment leaves investigators baffled. A train accident involving four locomotive cars and sixteen freight train cars where derailed off the tracks due to an obstruction placed on the train tracks. Investigators said that two large tree

A fatal motorbike accident left one youth dead and another critically injured after an accident on Chicago, Illinois ' northwest side. The motorbike crash involved a Suzuki Burgman bike and another car. An unknown citation was given to the driver

Construction at the new Cowboys stadium hit a bump on Thursday when three workers were injured in a construction accident . The workers were on a crane when cables and equipment fell from another crane, forcing them to jump off

Lisbet Linares de Villela, a 42-year-old woman was killed and five people were injured in a Canoga Park car crash at 7919 De Soto Ave, according to a recent CBS report.Brian Humphrey of the Los Angeles Fire Department said the

In reaction to the Governor's veto of the amendment banning the use of $100 million in biomedical-related investments on human cloning, Chris Long, president of the Ohio Christian Alliance, issued the following statement: "We're deeply disappointed that Governor Strickland rejected

Today, on the fifth day of Barack Obama's "Change That Works For You" tour, McCain spokesman Tucker Bounds issued the following statement: "Barack Obama likes to think that his tax increases will only hit a few Americans, but in truth,

Fathers Do Matter, Way Beyond Father's Day! Rockland/Bergen County - Geedad Family Entertainment has taken up the cause to encourage Fathers around the world. They are launching a "THE GEEDAD: ONE MILLION DADS CAMPAIGN ®" on Father's Day with a

Laura and I are deeply saddened by the sudden passing of Tim Russert. Those of us who knew and worked with Tim, his many friends, and the millions of Americans who loyally followed his career on the air will all

U.S. Senator John McCain today issued the following statement on the sudden and tragic passing of Tim Russert: "I am very saddened by Tim Russert's sudden death. Cindy and I extend our thoughts and prayers to the Russert family as

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By Wendall Waters/WWATERS@CNC.COM* *Wed Jun 11, 2008, 04:11 PM EDT* Ipswich - Crane Beach is a hot destination for filming these days. Billy Costa and the crew of NECN's TV Diner were back in town Tuesday completing a shoot for

By MARK SHERMAN, Associated Press Writer WASHINGTON - The Supreme Court ruled Thursday that foreign terrorism suspects held at Guantanamo Bay have rights under the Constitution to challenge their detention in U.S. civilian courts. In its third rebuke of the

Thursday, June 12, 2008*By W. Zachary MalinowskiJournal Staff Writer* PROVIDENCE — Four members of Laos Pride, a Smith Hill-based street gang, were arrested on weapons charges Monday night just minutes after they allegedly opened fire on a rival gang —