Mortgage Rates Jump to 5.78 Percent, Rising at the Fastest Pace Since 1987 The climb in mortgage rates, coupled with skyrocketing home prices, has eroded what prospective home buyers can afford.
What the Fed’s Rate Hike Means for Mortgages Rates on 30-year fixed mortgages track the yield on 10-year Treasury bonds, which are influenced by inflation and the Fed’s actions, among other things.
Homeownership Remains the American Dream, Despite Challenges A new survey reveals that nearly three-quarters of Americans place owning a home above career, family and college as a sign of prosperity.
Housing Market Has Altered the Math of Moving The housing market has altered the math of moving for nearly everyone.
How to Figure Out if You Can Actually Afford That New Home It’s tempting to jump into the home-buying frenzy. But with prices up and mortgage rates surging, make sure you do the math first.