The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is still running strong.
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
U.S. tariffs on oil, gas, automobiles, beer, and avocados could go into effect February 1. What can you do about it?
UBS has increased its price target for Zillow Group (NASDAQ:ZG) shares to $98 from the previous target of $90, while keeping a Buy rating on the stock. Currently trading at $77.98, Zillow has shown impressive momentum with a nearly 60% gain over the past six months.
These fifteen houses sold well over the typical home value and stood out as the most expensive homes sold last year in Sangamon County.
A higher-for-longer interest rate environment has the U.S. economy stuck in place, with existing home sales in 2024 falling to their lowest level since 1995. While
Evidence is mounting that shelter disinflation is gaining momentum, a trend that has yet to be fully reflected in government inflation data but could signal relief for broader price pressures as shelter represent the largest component of the Consumer Price Index.
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi rates since a week before Christmas.
These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further signs of slowing.
New data reveals a dramatic shift in American housing preferences, with Northeastern cities dominating Zillow's annual popularity rankings.