The Obama administration warned Wednesday that a federal government shutdown would undermine the economic recovery, delay pay to U.S. troops fighting in three wars, slow the processing of tax returns and limit small business loans and government-guaranteed mortgages during peak home buying season.

Warning of economic repercussions, the Obama administration said Wednesday that a government shutdown would halt the processing of tax returns and limit small business loans and government-guaranteed mortgages during peak home buying season.

Yep, mortgage interest rates are low, but there's a catch: It doesn't matter how cheap rates are if you can't get a loan.

With an ambitious plan that's short on details, House Republicans are calling for big cuts in corporate and individual income tax rates, financed by eliminating scores of credits, deductions and exemptions, many enjoyed by millions of taxpayers.Their 10-year budget sets an aggressive goal of reducing the top corporate and individual tax rates from ...

RECOVERY: The number of house sales in Auckland continued to climb last month, eating into the number of properties on real estate agent Barfoot & Thompson's books.

Despite the revival of stocks in the past two years and recent optimistic economic data, the US economy remains so fragile that it could easily be driven into another recession.

We hear incessantly that mortgage rates are at "historic lows" and that falling post-recession home prices have made this a great time for first-time homebuyers.

Washington deficit-cutters are zeroing in on a tax benefit that has been asA politically untouchable as Social Security and crop loans: the mortgage interestA deduction.

Home. It's a very important word to April Gaudenti. She helped build her home of the last 20 years in Dexter and is always looking for ways to fix up her place and three-acre property.

A The husband of a woman who owns a dilapidated summer home on Lake Pocotopaug in East Hampton has pleaded guilty to tax charges stemming from his wife's alleged bank fraud scheme.

Average interest rates for 30-year and 15-year mortgages rose in the week ending March 31, the U.S. Federal Home Loan Mortgage Corp.

Arrest warrants were issued Wednesday for three men accused of preying on more than a dozen vulnerable borrowers facing foreclosure or unaffordable mortgage payments, including those in Carmichael and Fair Oaks.

HOME > MONEY > YOURMONEY > Mortgage calculator help with your homebuying plans At Halifax, we believe that getting onto - or making your way up - the property ladder can be a testing time.

And guess what? It's free. The application from FreeScore.com is available on Apple's iPhone, iPad and iPod Touch and is billed by the outfit as being particularly useful for real estate professionals and new homebuyers.

A $40 million program that will provide "bridge loans" to homeowners in the state who are between jobs was approved Friday by the U.S. Department of Housing and Urban Development .

There are two common types of retirement plans, traditional and Roth. A In a traditional plan the plan contribution can be used for a deduction on that year's tax return.

State attorneys general and federal officials held an all-day negotiating session Wednesday on the nation's foreclosure crisis with five of the nation's largest banks, seeking to resolve allegations of wrongdoing that law enforcement officials say have impacted millions of Americans facing foreclosure.

The Federal Reserve Bank of New York has turned down an offer by American International Group to repurchase dodgy mortgage bonds that the Fed had taken off the insurance company's hands during the financial crisis.

The Mortgage Bankers Association said U.S. mortgage activity decreased in the week ending March 25, as long-term rates rose.

U.S. securities regulators proposed new rules on Wednesday designed to restore lending discipline, and to bolster the independence of compensation committees at public companies and the consultants who serve them.