Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® mortgage calculator. The typical monthly payment on a median-priced $440,950 home at today’s 6.74% mortgage rate is roughly $2,286. (That’s assuming a 20% down payment and excluding tax and insurance.)

Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.

Even while the Fed left its benchmark rate unchanged, many consumer rates have fluctuated over the first half of the year.

The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home prices.

Both HELOC and home equity loan interest rates fell again last week. Here's what potential borrowers should do next.

First-time buyers struggle with high home prices and mortgage rates near 25-year highs. Assumable VA loans offer one option for lower interest costs.