Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not ...
Each point costs 1% of the purchase price of a home and usually knocks the rate down by 0.25%. On a $400,000 home, you'd pay ...
2024 was a disappointing year for those looking forward to a Fed rate-cut cycle and what that could do to mortgage rates. A ...
The new year has started with rising mortgage rates. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year ...
The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac.
One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.