Inflation surged in September as U.S. energy costs jumped
Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
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Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
Dual shoppers are buyers who come to home-selling sites with the intention to buy, but switch to rentals after seeing the prices. They hope to save a little more as they wait for rates to drop.
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
Interest rates for a typical home loan jumped Thursday to 6.46%, the highest level since September 2025. House-hunters aren't pleased.
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Some good news for home buyers... mortgage rates fell below 6% this week.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Cynthia Wallace, an accomplice of the notorious reverse mortgage con man Mark Diamond, was sentenced to nearly four years in prison for her role in the fraud Thursday.
The National Association of Realtors say high home prices and high mortgage interest rates are turning away potential buyers. Home prices have increased for 22 straight months, and interest rates are nearly 6.9%.
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
According to Redfin, the median sales price for a home is at a record $387,000. CBS News business analyst Jill Schlesinger has some tips for people trying to navigate the current real estate market.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Economists expect a sharp increase in borrowing costs. That could impact credit cards, loans and other debt.
