Graduates with a MBA, law or pharmacy degree or even a Ph.D. tend to earn higher incomes and often produce a higher credit score.
Mortgage rates will continue their upward climb in 2017, but will dampen the enthusiasm for homeowners to refinance their mortgages into lower rates.
The mortgage rate market seems to be taking a quick breather, before revving up again.
Stronger economic data such as lower unemployment will likely lead the Federal Reserve to raise interest rates at its meeting on Wednesday, the first hike since last December.
During the next four years under a Donald Trump administration, Interest rates should increase gradually, which could dampen growth in the housing industry, economists and housing experts predict.
The Brexit vote to detach the U.K. from the European Union has driven U.S. mortgage rates downward.
U.S. mortgage rates dipped in reaction to the outcome of the Brexit, vote as the 10-year Treasury plummeted to 1.56%, giving consumers an opportunity to take advantage of the decline.
The Federal Reserve will not raise interest rates during their June meeting due to the weak employment report, giving homeowners another opportunity to refinance.
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