Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.

Fannie Mae, officially the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise that maintains liquidity in the mortgage market by buying loans from banks and mortgage ...

Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...

Republican lawmakers have filed legislation to defund the Consumer Financial Protection Bureau, adding more uncertainty over GOP plans for the financial regulator.

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $10.25, with a high estimate of $11.00 and a low estimate of $9.50. This current average ...

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.

When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...

These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.

Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...