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 ...

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.

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.

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

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

For all of the news that seems to be highly likely to cause volatility for rates, the market reaction ended up playing out on ...

Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

Today's rates are far from record highs, which peaked at 18.63% in October 1981. Agents are overwhelmingly optimistic about ...

"The Fed is signaling 'higher for longer' and, for once, the market seems to agree. Futures are predicting only one to two ...