With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time.
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 ...
The median age of first-time homebuyers rose to 38 last year. That’s significantly above historic norms, when median ...
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 ...
As inflation stays higher than hoped and the Federal Reserve looks less likely to lower its benchmark rate, mortgage rates ...
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.
The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The ...
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...