Fed Pauses Interest Rate Cuts—Signaling 'Patient Approach' and Giving Homebuyers Consistency Leading Into Spring Selling Season
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 ...
Selling your house? Here's how long you'll have to wait for a buyer these days.
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 ...
Talk Business20h
Forecast: Tariffs, housing costs present downside risks to national, state economies
On the same day significant and disruptive tariffs on Canada, China and Mexico were announced by President Donald Trump, ...
Bankrate on MSN22h
Fannie Mae vs. Freddie Mac: What’s the difference?
Fannie Mae and Freddie Mac are government-sponsored enterprises that aim to provide the mortgage market with stability and ...
New Zillow Data Shows "Typical Mortgage Payment" Has More Than Doubled in Just 5 Years
Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.