Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

U.S. mortgage rates are back at their highest level since last summer, frustrating homebuyers waiting for a break from some ...

Millennials and Gen Zers made the right call by not buying homes last year as mortgage rates wreaked havoc. Here's what's set ...

Waterstone Mortgage announced the promotion of Traci Husslein to Senior Vice President (SVP) of Capital Markets, increasing ...

As mortgage rates are expected to remain higher for longer, Ally Financial ALLY will be exiting the mortgage origination ...

The bank also announced plans to exit the mortgage origination business this quarter. Ally is exploring strategic ...

The Detroit, Mich.-based Ally Financial is exiting the mortgage origination business, as first reported by The Charlotte ...

Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to ...

Ally Financial (NYSE:ALLY) will exit the mortgage origination business and is considering alternatives for its credit card ...

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Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...

Ally Financial (ALLY) plans to cut hundreds of jobs companywide, bank spokesman Peter Gilchrist confirmed in a statement to The Charlotte ...