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 ...

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

PennyMac Financial Services Inc. earned $104.5 million in net income during the fourth quarter of 2024 on revenue of $470.1 million.

The U.S. housing market faced a setback in December as pending home sales plunged by 5.5%, following a period of four ...

Today's rates are far from record highs, which peaked at 18.63% in October 1981. Agents are overwhelmingly optimistic about ...

Mortgage rates might drift downward in February after bumping against a ceiling in January.The 30-year fixed-rate mortgage ...

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

Over the quarter, agency mortgage-backed securities posted a negative total return of -316 basis points and underperformed ...

These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.

These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

The second-best region to buy a newly constructed home is the West, which has the lowest premium at 5.8%. What makes that ...