News

Instead of dealing with a high monthly payment on a 15-year mortgage, homeowners could make extra payments on a 30-year, ...
While some sellers seem to be reacting to the shift toward a buyers market, stubbornly high mortgage rates aren’t making the ...
Seventeen years after the 2008 bailout, Fannie Mae and Freddie Mac remain under federal conservatorship, with a future that’s ...
Freddie Mac’s rate for a 30-year fixed rate mortgage increased for the first time in six weeks and is now averaging 6.72%.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it ...
A 5/1 ARM has an average rate of 5.98% today. You’ll typically get a lower introductory interest rate with a 5/1 ARM in the first five years of the mortgage. But you could pay more after that period, ...
High summer’s heat may be making home equity rates sleepy. The average rate on a $30,000 home equity line of credit (HELOC) ...
JPMorgan told FinTechs that it will charge for access to its customers’ bank information. The fees would bring big bucks to JPMorgan but eat into the profit margin of any lender or credit reporting ...
The rate on a 30-year fixed refinance increased to 6.84% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.72%, and for 20-year mortgages, ...
The average 30-year fixed mortgage interest rate is 6.75% today, up 0.04% from seven days ago. The average rate for a 15-year fixed mortgage is 6.00%, which is an increase of 0.06% compared to a week ...
Housing inventory growth has been a blessing for the existing home sales market, while builders are struggling with greater ...
Rates for new 30-year loans continue to bob around a bit above the low reached two weeks ago. Rates for several other loan types are also wavering.