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.
UBS has increased its price target for Zillow Group (NASDAQ:ZG) shares to $98 from the previous target of $90, while keeping a Buy rating on the stock. Currently trading at $77.98, Zillow has shown impressive momentum with a nearly 60% gain over the past six months.
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
U.S. tariffs on oil, gas, automobiles, beer, and avocados could go into effect February 1. What can you do about it?
These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further signs of slowing.
Centre County’s living wage for a single adult without children has increased by $5.54 per hour since December 2022, or $11,523.20 per year for someone working 2,080 hours annually. The MIT living wage in State College in 2022 was $17.61, the CDT previously reported.
Buffalo, New York is set to be the hottest housing market of 2025, retaining its title from 2024, thanks to strong job growth and limited housing supply, according to a new report. As new jobs fuel competition for homes, the demand continues to outstrip availability, driving up prices in cities throughout much of the country.
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi rates since a week before Christmas.
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is still running strong.
These fifteen houses sold well over the typical home value and stood out as the most expensive homes sold last year in Sangamon County.