Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.
Mortgage applications rose 0.2% last week despite elevated rates, driven by increased government purchase loan applications.
The rate on a 30-year fixed refinance slipped to 6.27% today, according to the Mortgage Research Center. Rates averaged 5.33% ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Interest-only mortgages allow borrowers to pay just the interest on their mortgage for a set period of time. Read on to learn more.
Andy Walden, Head of Mortgage and Housing Market Research at ICE said softening mortgage rates have helped push prepayments to the highest point in years.
Adjustable-rate mortgages can help buyers bridge the affordability gap in today’s market — but they aren’t without risk. With ...
Mortgage rates have eased, with the 30-year fixed mortgage falling to 6.24% and the 15-year fixed rate at 5.37%. This article provides essential insights for potential buyers and homeowners ...
The rate on a 30-year fixed refinance slipped to 6.34% today, according to the Mortgage Research Center. The 15-year, ...
Most homeowners are overlooking a surprising strategy that could help them pay off their mortgage faster. Learn what it is ...
When mortgage rates drop even one single percentage point, a refinance may help you see a noticeable difference in your monthly payment and total loan costs.
Mortgage rates drifted slightly lower this week, according to U.S. News data. This presents a golden opportunity for holiday ...