Stocks have overtaken homes as a share of Americans' wealth, raising concerns about what could happen if the AI-driven stock ...
Mortgage rates yesterday acted very differently from how they normally respond to awful inflation numbers. Here's why.
Yesterday morning's consumer price index (CPI) was even worse than expected, which initially sent mortgage rates soaring. However, by the end of the day, those rates had moderated somewhat and were ...
Mortgage rates fell moderately yesterday. It's no big mystery why. Bonds (one type of which determines mortgage rates) are more attractive to investors now that their yields are higher. That does mean ...
The MBA expects mortgage rates to remain above 7% through 2027, though other forecasts are more optimistic. Should first-time ...
Mortgage rates nudged lower again last Friday. Owing to yesterday's public holiday, that was the last time they moved. Today's economic reports are unlikely to move those rates far, but tomorrow's ...