mortgages

mortgages Articles

Jerome Powell and the Federal Reserve did as expected on Sept. 18, cutting the benchmark interest rate by 50 basis points to 4.75% to 5%. This is a sign that inflation has mostly been tamed. It also...
Homebuilder stocks surged in July as a cooler-than-expected June inflation report fueled hopes for significant mortgage rate drops this year. It’s now more than priced in that we’ll get an...
Mortgage rates have recently risen to levels not seen in over 20 years, with average 30-year fixed-rate mortgage interest rates climbing to over 7%, while the rates for borrowers who have low credit...