Locking a mortgage interest rate before the Federal Reserve’s April meeting can help protect borrowers. Serhii Shleihel/Getty Images In a different economic climate, a looming Federal Reserve meeting would be welcomed warmly by borrowers, especially those looking to buy a home or refinance their existing one. The Federal Reserve, after all, is a big driver … Read more
The average homeowner is sitting on a sizable amount of equity from which they can borrow from now. sinenkiy/Sinenkiy/Getty Images A report last week showing inflation surging once again may have been unwelcome, but it wasn’t surprising for millions of Americans. While a rate of 3.3% is the highest it’s been in years, many Americans … Read more
NEWYou can now listen to Fox News articles! Each year, roughly 20 million Americans file for tax extensions, but many may not realize that any taxes owed are still due to the IRS by April 15. While an extension gives taxpayers until October to file, it does not delay their obligation to pay what they … Read more
Homebuyers and owners looking to refinance should start by reviewing their daily mortgage rate options. Fran Polito/Getty Images Borrowers hoping for mortgage interest rates to decline haven’t had much luck lately. Inflation surged in the latest reading from the Bureau of Labor Statistics, further pushing out the likelihood of a Federal Reserve interest rate cut. … Read more
Today’s mortgage rates represent a genuine improvement from the recent highs we’ve seen. Andrii Yalanskyi/Getty Images After weeks of rampant market turbulence, mortgage rates are finally showing signs of easing. The 30-year mortgage rate has dropped to its lowest point in recent weeks, marking a meaningful shift from where it stood just days ago. The … Read more
Here are the guests for Sunday, April 12, 2026, on CBS News’ “Face the Nation with Margaret Brennan”: Dr. Michael Leiter, Israeli ambassador to the United States Democratic Sen. Mark Warner of Virginia, Vice Chairman of the Intelligence Committee Republican Rep. Mike Turner of Ohio Kristalina Georgieva, managing director of the International Monetary Fund Plus, … Read more
Mortgage rates have changed noticeably recently, both for buyers and owners hoping to refinance. DanDriedger/SimplyCreativePhotography/Getty Images Borrowers hoping for a drop in inflation and a corresponding interest rate cut woke up to disappointing news Friday morning when the latest report from the Bureau of Labor Statistics showed a surge in the rate. Now at 3.3%, … Read more
There are multiple viable CD account options for savers to consider this April. CATHERINE LANE/Catherine Lane/Getty Images After the Federal Reserve issued three interest rate cuts in the final four months of 2024, savers could be forgiven for assuming that the high-interest-earning era for select savings accounts was coming to an end. And after the … Read more
A reverse mortgage can be a powerful borrowing tool for seniors who take an informed approach. Getty Images/iStockphoto The economic climate that millions of Americans find themselves in this April likely isn’t the one they had anticipated or budgeted for. A new unemployment report showed the rate ticking downward slightly, but only after rising in … Read more
Homebuyers and owners hoping to refinance should begin by familiarizing themselves with the current mortgage interest rate environment. carlofranco/Getty Images Shopping around for mortgage interest rates has been shown to result in a mortgage interest rate around half a percentage point below average. And that makes sense. Mortgage lenders will respond to market conditions in … Read more