Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...

These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.