Since mortgage rates are highly sensitive to fiscal policy and supply chain shocks, a global trade war could impact their ...

Of course, not every U.S. resident earns income or pays income tax. With “only” 154 million taxpayers, this means that the average taxpayer’s piece of the $37-trillion federal debt is about $240,000, ...

In May, the median cost for a single-family home in Monterey County was $897,000, compared to $1,022,500 a year ago, ...

Assumable mortgages have been largely ignored by the lending industry, but that’s a missed opportunity in an era of sidelined ...

'I inherited $240K. Do I pay off my $258K mortgage and downsize my house and job?' ...

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

A point is equal to 1% of your loan amount (i.e., one point on a $200,000 loan equals $2,000) and is an upfront payment to your lender, paid at closing. In exchange for each point paid, you’ll receive ...

If you choose a 15-year fixed-rate mortgage, the average rate is 5.94%. Interest rates for new mortgages and refinances continue to hover near 7%, contributing to a stifling summer for the economy.

Mortgage rates are likely to edge a little lower in July, continuing the gradual decline we saw in June. So far, inflation hasn't risen from higher tariffs, and financial markets seem convinced that ...

A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to ...

Today’s average rate on a 30-year, fixed-rate mortgage is 6.6%, which is 2.57% lower than last week. The interest plus lender fees, called the annual percentage rate (APR), on a 30-year fixed mortgage ...

Mortgage rates can change multiple times a day, sometimes even hourly. These changes can affect the interest rate you pay on your home loan. Several factors can influence these rate moves: After an ...