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Soaring UK inflation tops 9%, fuels labor unrest

Jun 23, 2022
The Ukraine war and the impacts of the pandemic sparked a global spike in prices. Britain is grappling with the domestic consequences.
Workers marched through London last weekend, demanding pay raises to match inflation.
Stephen Beard/Marketplace

Rising interest rates increase the appeal — and the risk — of ARMs

May 24, 2022
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 number of applications for adjustable mortgages has increased 22% over the last year, per the Mortgage Bankers Association.
Joe Raedle/Getty Images

Millions of homeowners could still save by refinancing

Sep 4, 2020
The hassle isn't the only thing stopping them.
A residential neighborhood in Las Vegas. Nearly 18 million people could refinance their mortgages at lower rates, a mortgage data firm estimates.
Ethan Miller/Getty Images

Mortgage rates and the Federal Reserve, explained

Dec 9, 2019
Here's why long-term interest rates don't always move with the Fed.
Justin Sullivan/Getty Images

The tax overhaul's impact on the housing market? It's complicated.

Apr 16, 2019
Research by the New York Fed connects the two.
Photo by Tim Boyle/Getty Images