News

US housing finance chief tells Powell to lower interest rates
The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome ...
US home buyers are most uncertain since 2023 as rates surge, BofA survey shows
U.S. homeowners and prospective buyers are feeling the most uncertain about the real estate market since 2023, a Bank of ...
The Fed won’t cut rates soon – bad news for your mortgage loan
Even with many of the major central banks around the world cutting their benchmark rates, the US Federal Reserve (Fed) has ...
What America's Latest Credit Downgrade Means For Mortgage Rates
The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.
Higher Mortgage Rates? Steeper Inflation? What the U.S. Credit Downgrade Could Mean
The dip in the U.S. credit rating indicates that ratings agencies believe the government is at a higher risk of default on ...
CNET on MSN1d
Mortgage Forecast: Economic Uncertainty Could Keep Rates Close to 7% This Summer
Since the 30-year mortgage rate closely tracks the 10-year Treasury yield, we generally see higher rates for h ...