Mortgage Market Reopens to Risky Borrowers

Mortgage Market Reopens to Risky Borrowers

0 Luis Garcia for The Wall Street Journal The risky mortgage is making a comeback. More than a decade after home loans triggered the worst financial crisis in a generation, the strict lending requirements put in place during its aftermath are starting to erode. Home...
U.S. Existing-Home Sales Picked Up in July

U.S. Existing-Home Sales Picked Up in July

0 Joe Raedle/Getty Images WASHINGTON—Sales of previously owned U.S. homes picked up in July, suggesting that lower mortgage rates are beginning to drive sales after a weak spring selling season. Existing-home sales rose 2.5% in July from the previous month to a...
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