Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.

On a monthly basis, the US national index rose 0.4% in November 2024 after seasonal adjustment, unchanged from the prior month. Read more here.

On the same day significant and disruptive tariffs on Canada, China and Mexico were announced by President Donald Trump, ...

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.

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 of your loan/debt if you're single or married filing jointly, or $375,000 if ...

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...

For all of the news that seems to be highly likely to cause volatility for rates, the market reaction ended up playing out on ...

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 ...

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 ...