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 Petersen family’s two-bedroom apartment in northern California is starting to feel small. Four-year-old Jerrik’s toy monster trucks are everywhere in the 1,100-square-foot unit in ...

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.

Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

Trump's proposed tariffs against Mexico, Canada and China have already affected the economy before a single cent of goods have been taxed.

The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...