News

I’m 69 with a $250K reverse mortgage hanging over my head — should I use up most of my nest egg to pay it off?
Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, ...
Rocket Mortgage adds bridge loans to help homeowners buy now, sell later
Online lender Rocket Mortgage has added bridge loans, short-term financing for the gap between buying a new house and selling ...
HELOC interest rates vs. home equity loan interest rates: What lending experts say to know this July
Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
How to Get the Best Rate on a Home Equity Loan in 2025
Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...
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Mortgage Rate Predictions: How Tariffs, War and the Fed Are Impacting Rates
Since mortgage rates are highly sensitive to fiscal policy and supply chain shocks, a global trade war could impact their ...
Mortgage Applications Today: Home Loan Applications Inch Up 1.1% After One-Week Decline
As the summer selling season is here, home loan applications saw a slight uptick in activity after a decline the week prior.
Blackstone Mortgage Trust: A REIT To Hold Longer, As We Await Fed Decisions
Blackstone Mortgage Trust's profit margins need improvement, as the firm has consistently had losing quarters several times ...