Hispanic homebuying confidence falls despite brighter financial outlook

Hispanic consumer confidence improved slightly in the second quarter, but fewer said it was a good time to buy a home, a Florida Atlantic University survey found.

Mortgage Rates Near 1-Year Highs

Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you're an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let's say the payment is $5 or enough to buy a dozen

Trump will let bipartisan housing bill become law without signing

He let the bipartisan housing bill approved by Congress become law without his signature, saying he was refusing to put his name on it because of the little progress made in passing a strict voter ID bill that he has been pushing.

Fed minutes: Officials deeply divided over future path of U.S. inflation

Federal Reserve minutes show officials remain split on where rates should go next, with some worried inflation will stay high because of the Iran war, AI-related costs and consumer expectations. The Fed kept rates unchanged in June, but policymakers were divided on whether to raise, hold or lower ra