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 ...

Fannie Mae now expects rates around 6.1% by the end of 2025 and 5.8% by the end of 2026. Each mortgage has a loan term, or payment schedule. The most common mortgage terms are 15 and 30 years, ...