A bill to increase housing supply and decrease costs is set to sail through the Senate on Thursday, but House leaders foresee further negotiations.

Mortgage rates surged higher last week to due rising oil prices, causing a recent boom in refinancing to pull back.

Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season.

The Iran war may impact U.S. consumers far beyond the gas pump, raising inflation expectations and causing an uptick in the yield on the 10-year Treasury note.

While the amount that a median-income household can afford is higher than it was a year ago, it is still below the median price for a single-family home.