Mortgages

As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.

More than three-quarters of new homeowners said in a survey they ended up having an unexpected cost in the first year of ownership.

With both home prices and rents rising, you’ll have to make a decision based on your personal situation. Here’s what to consider.

A sharp increase in mortgage rates causes a plunge in refinance demand.

You’ll need more than your down payment in savings before buying a house. These are the costs you should factor into your budget.

Home prices picked up steam again in January after a brief pullback, even as mortgage rates increased.

In February, the median sales price for homes in the U.S. was $357,300, a 15% increase on the year, according to data from the National Association of Realtors.

The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily.

Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.

Rising gas, rental and grocery costs have had the biggest effect on households with $50,000 or less in annual income, according to a new report.

Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.

Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.

People looking to buy a home for the first time face a steep learning curve. Here are some of the basics from experts in the field.

Rising mortgage rates are starting to take their toll on homebuyers. Sales fell far more than expected in February.

After holding rates near rock bottom for two years, the Fed is finally boosting its benchmark. Here’s what that means for you.

Rising mortgage rates are starting to take their toll on homebuilder confidence, especially sales expectations.

A sharp jump in mortgage rates last week soured demand from both current homeowners and potential homebuyers, causing mortgage applications to drop.

Single-family rents were up 38.6% in Miami, compared with just a 2% jump for the city in January 2021.

Here’s what an increase in the Fed funds rate means for your bank account, car loan, mortgage and credit card.

The average on the 30-year fixed is now around 4.25%, a full percentage point higher than it was one year ago.