mortgage

Holzhauer’s primary residence in the greater Fort Lauderdale, Fla., area has sat on the market since March, as high mortgage rates and economic uncertainty keep the U.S. housing market frozen.

If your monthly expenses, including your mortgage, total $3,000, your $15,000 cash would last you up to five months, longer than this shutdown will likely last.

Zions has filed a lawsuit to recover more than $60 million that it lent to investment funds that were using revolving credit facilities to buy distressed commercial mortgage loans.

Homebuilders have suffered from stagnant home sales as high mortgage rates and economic uncertainty have put off buyers.

The Great Recession was triggered by the rise of subprime lending in the home mortgage market.