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,
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.
Rising property taxes and insurance costs are driving up mortgage escrow payments, destabilizing what was once a fixed monthly cost. Florida, S
Yesterday, we characterized the prevailing mortgage rate momentum as "broadly sideways," and while that's still very true in the bigger picture, words like "up" and "higher" might need to be sprinkled in this week.
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.
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