A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...

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 ...

The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% ...

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

The rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%, ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...