Home Mortgage

This article originally appeared on Bankrate.com

Good news for prospective homebuyers. Even though the Fed indicated the central bank may raise interest rates twice in 2016, chances are mortgage rates won’t move dramatically higher anytime soon.

The FOMC is creating a divide among the nation's savers and debtors with the first interest rate hike in nearly a decade.   

When the Fed finally moves interest rates, there will be those who stand to gain from the higher borrowing costs that will follow the rate hike and those who stand to lose.

Rising interest rates will impact everything from your cold hard cash to your 401(k) to your mortgage. Here's how.....

For the second straight week, average long-term U.S. mortgage rates inched up this week as financial markets awaited the Federal Reserve's crucial decision on interest rates.

Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something slightly higher.

As the global economy has weakened, a forcefully stronger U.S. dollar has emerged.

It’s Fed day, finally! And the government released bleak statistics this week on household income. Plus, don’t tell Versace that home prices are rising. Here is the morning business outlook for Wednesday.

After flooding banks with cash, the OECD warns the central bank must now find a way to slowly tighten the money spigot without dealing a painful shock to the recovery. 

The Federal Reserve Board is expected to raise interest rates soon, but what does that really mean? Learn what affect the rate hike will have on your loans.

Are Fannie Mae and Freddie Mac relapsing with lenient lending initiatives?

The key to restoring prosperity in America can be tied directly to the boosting the middle class. 

Strong. Durable. President Obama used those words this week to describe the American economy during his State of the Union speech. But that will be called into question at the next GOP debate on the FOX Business Network. What's the reality?

The First Family is reportedly planning to swap the historic scenic views of Washington, D.C. for those of sunny California.

Freddie Mac said on Thursday it will soon send the U.S. Treasury a $10.4 billion dividend after posting a ninth-straight quarterly profit, putting taxpayers further into the black on their bailout of the mortgage giant.

Lumber Liquidators rallied after U.S. regulators said the retailer’s China-made laminate flooring carries low risks of causing cancer.

Average long-term U.S. mortgage rates rose this week after a sharp drop the previous week, as global markets continued to whipsaw amid economic disruption in China and uncertainty over Federal Reserve interest-rate policy.

Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.

New York regulators say 11 lenders have agreed to regularly monitor and maintain vacant properties in an effort to combat neighborhood blight.