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.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
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.
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.
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
The Fed held interest rates as expected, at 4.25% to 4.5%, with the open question of how long this pause would continue. As economic data and the Fed respond to the new administration’s policy announcements,
Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert predictions on mortgage rates.
A new website strives to make Salt Lake City's affordable housing efforts more transparent. It offers a better look into funding sources and project locations.
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VioletaStoimenova / Rates on 30-year refinance loans dropped another 2 basis points Tuesday, nudging to average down to 7.05%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September,
Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.
If inflation continues to cool and the Fed is ... bond yields could shift," said Kara Ng, senior economist at Zillow. Today's unaffordable housing market results from high mortgage rates, a ...