And yet banks are loaning out more money than a year ago.

The Ukraine war and the impacts of the pandemic sparked a global spike in prices. Britain is grappling with the domestic consequences.

More homebuyers are applying for adjustable-rate mortgages, which often come with a lower initial monthly payment. But borrowers could end up paying more in the long run.

The hassle isn’t the only thing stopping them.

Here’s why long-term interest rates don’t always move with the Fed.

Research by the New York Fed connects the two.