The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...
When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...
We’ll likely see more modest growth in home prices in 2025, a change from skyrocketing prices in recent years.
The Bank of England is expected to cut interest rates from 4.75% to 4.5% next week in a move that could have wide-reaching ...
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for ...
These are today's mortgage and refinance rates. Mortgage rates fell this week, but where they go next depends on inflation.
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, ...
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.
The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings, ...