With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

Mortgage rates fell for a fifth consecutive week, hitting the lowest level since December but remaining elevated near 7%. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday ...

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

Mortgage rates experienced what President Trump characterized as a "big, beautiful drop" this week in his speech to Congress. The average rate on the 30-year fixed-rate mortgage fell 14 basis ...

Prime rate at 8.5% in Jan 2024, closely follows the federal funds rate. Credit card and HELOC rates often adjust based on changes in the prime rate. Mortgage and auto loan rates are influenced by ...

“I understand you are hurting, and I understand mortgage rates have increased a lot … but we need to get inflation down because that is the other thing that is really hurting you,” she said.

The Federal Reserve's Federal Open Market Committee (FOMC) declined to adjust interest rates after its first meeting of the year on Jan. 28 and 29, 2025. Starting in September, the FOMC lowered ...

The European Central Bank has cut interest rates as expected and kept the door ajar to more, even as a looming trade war with the US and plans to boost military spending drive Europe's biggest ...