Homebuyers sitting on the sidelines have been seeing federal mortgage rates hovering above 6%, but the good news is—depending on what state you live in—you may find lower rates. The…
Rates
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Higher education consistently lowers unemployment risk. Federal data show that people with a bachelor’s degree or higher have unemployment rates roughly half those of individuals with only a high school…
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Wall Street analysts have been raising corporate earnings estimates all summer, while the outlook for economic growth has improved despite a slowdown in the labor market.
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Buying a home isn’t just about the purchase price; you’ll also need to budget for ongoing costs like property taxes. These taxes can vary widely depending on where you live.…
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Quick Read Mortgage refinance applications surged 58 percent last week and 70 percent year-over-year, driven by 2025-low mortgage rates. Nearly 60 percent of applications were for refis, but demand for…
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In response to mounting warning signs from the labor market, the Federal Reserve is preparing to cut its benchmark interest rate for the first time in nine months. Most economists…
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A combination of factors this week will have all eyes on the Federal Reserve’s meeting on Sept. 16–17 and whether any drop in interest rates will happen. First, inflation data…
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Quick Read Purchase mortgage applications were up 23% year-over-year last week as 30-year fixed-rate mortgages rates dropped to the lowest since October 2024. Optimal Blue data showed mortgage rates dropped…
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Mortgage rates fell dramatically to a new 2025 low on Friday after an anemic jobs report convinced investors the economy is decelerating and the Federal Reserve is likely to cut…
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With the Trump administration signaling that it intends to merge mortgage giants Fannie Mae and Freddie Mac and take them public before the end of the year, Senate Democrats want…
