Mortgage, interest rates
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Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
If you’re under contract or nearing purchase, locking in today’s rate could hedge against near-term market volatility. Adjustable-rate loans remain less attractive for most borrowers, with the 7-year ARM now at 7.375%, notably higher than the 30-year fixed.
Stubbornly high mortgage rates have left leery homeowners and potential home buyers reluctant to take the plunge, according to a new Bankrate survey.
Consumers had dodged any inflationary impact from the trade war initiated by President Donald Trump this year, but that’s now changed.
A Moody’s economist warns that rising mortgage rates could turn the housing market into a major drag on the U.S. economy.
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
Rising property taxes and insurance costs are driving up mortgage escrow payments, destabilizing what was once a fixed monthly cost. Florida, S
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