Metrics That Help Gauge Financial Health

Debt-to-income ratio, savings balances and credit scores shape borrowing power, loan terms and readiness to buy a home in today’s market.

What to Consider Before Refinancing

Refinancing can lower monthly payments, change loan terms or tap home equity, but fees, credit scores and timing matter when replacing an existing mortgage.

Home Buyers Cancel Contracts In Record Numbers

US home buyers canceled their purchase contracts in record numbers in December. With many more home sellers than buyers, more than 40,000 home-purchase agreements were canceled in December. With the higher inventory of homes, buyers are more selective these days, looking for the best deals they can

Fed Keeps Interest Rates Unchanged

The Fed left rates unchanged, citing solid growth and a steady job market. Officials want clearer progress on inflation before resuming cuts, likely later this year.