News

Several mortgage lenders are starting to reduce their rates as experts say they are competing with one another for business ...
If you’re in the market for buying a home, it’s always wise to start by getting pre-approved. But Trent Olson, vice president ...
Most potential home buyers know the basics. You can secure a lower interest rate by improving your credit score, making a ...
The latest NMDB report from FHFA shows that 82% of homeowners in America have at least 30% of equity in their homes.
Mortgage rates have dropped sharply since spiking in May on Trump tax bill news. We break down the decline—and what it means ...
Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...
Since mortgage rates are highly sensitive to fiscal policy and supply chain shocks, a global trade war could impact their ...
Assumable mortgages have been largely ignored by the lending industry, but that’s a missed opportunity in an era of sidelined ...
Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...
A point is equal to 1% of your loan amount (i.e., one point on a $200,000 loan equals $2,000) and is an upfront payment to your lender, paid at closing. In exchange for each point paid, you’ll receive ...
Discover why banks despise mortgage brokers and how using one could save you thousands on your home loan. Industry secrets ...