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The Fed will keep the federal funds rate unchanged, but that doesn't mean consumers will get the same rates on credit cards, student loans, mortgages and other financial products.
Interest rates on U.S. home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, an industry group said on Wednesday.
CNBC's Diana Olick looks at the growing market for jumbo loans. Fred Glick, US Loans Mortgage president, and Christopher Mayer, real estate professor at Columbia University, discuss the Fed's impact on jumbo loans and why they're increasing.
Current U.S. residents, newly legalized, under the immigration bill being debated in Congress, would generate $500 billion in real estate transactions and $25 billion in mortgage income, says a Hispanic realty group.
Against the backdrop of increasing home prices and the prospect of much higher mortgage rates, it's a "great time" to sell, Zillow CEO Spencer Rascoff tells CNBC.
Summer travelers are being bombarded with offers from travel insurance providers. Here's how to know when a policy makes sense for you.
Mortgage rates have jumped to their highest in a year, and house values are rising. Those who have waited to buy or refinance may find the time is right.
Despite a proliferation of games and apps, and efforts by schools to teach the subject, financial literacy declined between 2009 and 2012, a survey shows.
Large investment firms have spent billions over the last year buying homes in the U.S.'s most depressed markets, the NYT reports.
Millennials are inheriting wealth at a greater rate than the two previous generations. The good news is they may be better suited to it than their parents or grandparents.
Mortgage rates have been bouncing around since the Fed left the door open to early cuts in asset purchases. Here's why you may want to refinance now.
With a forecast for an "active" hurricane season, you may want to call to your insurance agent to make sure you're covered.
After plummeting in the wake of the financial crisis, spending on nuptials resumed its rise in 2010, and is once again approaching the record set before the financial crisis.
The damage from the tornado that tore through Moore, Oklahoma may soon spread. Experts say homeowner insurance rates may rise.
The Feds have granted a 90-day moratorium on foreclosures of homes with FHA mortgages in areas devastated by the Oklahoma tornado.
Everyone's goal is to retire a millionaire, but too many personal finance headlines want to sell you on the idea that there's a surefire method for incubating the million dollar nest egg.
Many financial advisors like ETFs, which offer low fees and trading ease, but ETFs are not perfect for all occasions.
Applications for U.S. home mortgages fell last week for the first time in more than a month as interest rates jumped, sapping demand for refinancing.
For most of us, retirement planning involves dreaming. But a new survey shows that reality can intrude in unexpected and expensive ways.
You might think that being a stay-at-home mom is a choice. In fact, many moms are staying at home with their kids because they can't afford to work.