Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on ...
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...
Demographics matter. Although I am sending today’s Commentary out from a Dunkin’ near Columbus, Ohio, yesterday I found ...
And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
The break-even point of a mortgage refinance is when the money you save is equal to what you paid in upfront closing costs.
Credible is solely responsible for this content and the services it provides. The median interest rate on a 30-year ...
After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index (CPI) increased from ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
Home sales activity and prices typically increase in the year following an election cycle, no matter the winning political ...
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage ...
Consumers have been eagerly awaiting interest rate cuts for several years, hoping the cuts would translate to a reduction in ...