A Higher Monthly Payment, but Less Square Footage
Homebuilders are responding to rising interest rates with an innovation: a small house in the traditionally spacious exurbs.
Posted inCredit and Debt Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Mortgages Real Estate (Commercial) Real Estate and Housing (Residential) Stocks and Bonds Treasury Department United States Economy
Rates Are Jumping on Wall Street. What Will It Do to Housing and the Economy?
A run-up in longer-term interest rates could help the Federal Reserve get the economic cool-down it wants — but it also risks a bumpy landing.
Posted inCertificates of Deposit Credit Cards Federal Reserve System Home Equity Loans Interest Rates Money Market Accounts Mortgages Student Loans
What Fed Rate Moves Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
Posted inInflation (Economics) Interest Rates Mortgage-Backed Securities Mortgages Real Estate and Housing (Residential) United States Economy
Why Are Mortgage Rates So High, and How Long Will They Stay Up?
Economists say loan rates are affected by a complicated combination of factors, but there are tactics consumers can use to land a lower rate.