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Money

News related to money, savings and the economy.

Housing market could tumble into a 'deep freeze' if US defaults on its debt

Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

May 16, 2023 12:28pm EDT
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.

May 16, 2023 11:03am EDT
Mortgage rates dip on positive inflation data: Freddie Mac

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

May 12, 2023 5:37pm EDT
Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023

Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023

Check out mortgage rates for May 12, 2023, which are trending down from yesterday.

May 12, 2023 11:25am EDT
Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023

Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023

Check out the mortgage rates for May 10, 2023, which are mixed from yesterday.

May 10, 2023 4:06pm EDT
Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023

Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023

Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.

May 9, 2023 6:22pm EDT
Biden asks student loan companies to prepare for end to payment pause

Biden asks student loan companies to prepare for end to payment pause

The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.

May 1, 2023 8:17pm EDT
Today's best mortgage deal? Back to 15-year terms | May 1, 2023

Today's best mortgage deal? Back to 15-year terms | May 1, 2023

Check out the mortgage rates for May 1, 2023, which are mixed from Friday.

May 1, 2023 7:59pm EDT
Today's best mortgage deal? Rates for 10-year terms | April 27, 2023

Today's best mortgage deal? Rates for 10-year terms | April 27, 2023

Check out the mortgage rates for April 27, 2023, which are mixed from yesterday.

April 27, 2023 1:23pm EDT
Today's best mortgage deal? 15-year terms remain today's lowest rates | April 19, 2023

Today's best mortgage deal? 15-year terms remain today's lowest rates | April 19, 2023

Check out the mortgage rates for April 19, 2023, which are mixed from yesterday.

April 19, 2023 5:35pm EDT
The best time to sell your home is this week, data reveals

The best time to sell your home is this week, data reveals

According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.

April 17, 2023 1:51pm EDT
Today's mortgage rates rise, but 30-year rates are still below 6 percent | April 17, 2023

Today's mortgage rates rise, but 30-year rates are still below 6 percent | April 17, 2023

Check out the mortgage rates for April 17, 2023, which are trending up from last Friday.

April 17, 2023 12:10pm EDT
IRS extends tax deadlines for storm victims in these 7 states

IRS extends tax deadlines for storm victims in these 7 states

Individuals, households and businesses in disaster areas as designated by FEMA qualify for the tax relief.

April 16, 2023 9:57am EDT
Today's 30-year mortgage rates fall below 6 percent | April 13, 2023

Today's 30-year mortgage rates fall below 6 percent | April 13, 2023

Check out the mortgage rates for April 13, 2023, which are mixed from yesterday.

April 13, 2023 2:05pm EDT
Today's mortgage rates hold steady, giving borrowers time to decide | April 12, 2023

Today's mortgage rates hold steady, giving borrowers time to decide | April 12, 2023

Check out the mortgage rates for April 12, 2023, which are unchanged from yesterday.

April 12, 2023 1:04pm EDT
Today's best mortgage deal? 15-year rates are today's lowest | April 11, 2023

Today's best mortgage deal? 15-year rates are today's lowest | April 11, 2023

Check out the mortgage rates for April 11, 2023, which are mixed from yesterday.

April 11, 2023 6:03pm EDT
These are February's hottest housing markets

These are February's hottest housing markets

Thirteen of the top 20 hottest home markets in February had median listing prices below the national median, the report from Realtor.com said.

April 5, 2023 6:23pm EDT
Today’s mortgage rates remain below 6 percent | April 5, 2023

Today’s mortgage rates remain below 6 percent | April 5, 2023

Check out the mortgage rates for April 5, 2023, which are trending down from yesterday.

April 5, 2023 3:41pm EDT
Gas prices drop despite rising demand, tighter supply: AAA

Gas prices drop despite rising demand, tighter supply: AAA

Gas prices decreased this week to $3.49 per gallon, AAA reported. And prices could hold steady as the price of oil remains low, despite a rise in demand for gas.

March 24, 2023 5:00pm EDT
Still time to save: Today's 30-year mortgage rates hold steady at 5.875 percent | March 24, 2023

Still time to save: Today's 30-year mortgage rates hold steady at 5.875 percent | March 24, 2023

Check out the mortgage rates for March 24, 2023, which are mixed from yesterday.

March 24, 2023 1:48pm EDT
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