Mortgage Rates

U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.

The Federal Reserve raised interest rates by 75 basis points during its September Federal Open Market Committee (FOMC) policy meeting.

U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.

Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation

The number of housing starts tumbled in July, an indication that the housing market is taking a hit and may be falling into a recession.

New research from real estate brokerage Redfin shows that Americans are moving away from 10 major metropolitan areas.

Higher interest rates and very high home prices dragged down demand for mortgages for the third straight week, data from the Mortgage Bankers Association indicated Wednesday.

Bank of America has downgraded its expectations for the economy this year to include a “mild recession.”

Americans’ short-term inflation expectations continue to rise, according to June survey results released on Monday by the Federal Reserve Bank of New York.

Mortgage rates have reached their highest levels in nearly 15 years, a factor that's contributing to a continued cooling of a housing market that's been white-hot for over two years.