WASHINGTON - Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps rising.
WASHINGTON - The Federal Reserve pledged Wednesday to keep a key interest rate at a record low for an "extended period," in a sign that the economy is growing but remains deeply dependent on government help.
When Sharon Sakson was laid off recently from her job as a television writer and producer, she burned through her savings to pay the $2,400 monthly mortgage on her home.
Nov. 1--First-time home buyers seeking the $8,000 tax credit aren't just racing a Nov. 30 deadline to buy a house, they're also competing with Thanksgiving, traditionally a 3-day work week for financial institutions integral in closing a home deal.