In a bold move Wednesday afternoon, the Federal Reserve raised the federal funds rate by 75 basis points.
The new average interest rate on a 30-year fixed-rate mortgage broke below 3% this week—for the first time ever—to 2.98%, accor
The Federal Reserve announced it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely
A sharp drop in mortgage interest rates has sparked a sudden and unexpected refinance boom that has lenders large and small scr
The Fed rate cut Tuesday sent 10-year Treasury yields below 1% for the first time ever. But mortgage rates have barely budged.