Still time to save: Today’s 30-year mortgage rates tumble to 6.375% | Nov. 22, 2022
Check out the mortgage rates for Nov. 22, 2022, which are mixed from yesterday.
How to use a HELOC to pay off your mortgage
A home equity loan or HELOC may be an option to pay down your mortgage or even zero out your mortgage altogether. Here’s how the strategy works.
Mortgage rates drop below 7%, may signal that inflation has peaked: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.61% last week, according to Freddie Mac.
Savings window opens: Today’s 30-year mortgage rates plunge a quarter point | Nov. 21, 2022
Check out the mortgage rates for Nov. 21, 2022, which are largely down from last Friday.
Digital mortgages to enter a new, faster (and cheaper) era in year ahead
As the housing market slows, lenders will look to use more time investing in technology and making mortgages faster, easier and cheaper, according to one mortgage expert.
What first-time buyers need to know about mortgage points
Buying discount points will lower your interest rate and monthly payment, but increase your closing costs. Learn more.
Today’s 20-year mortgage rates continue to offer best money-saving opportunity | Nov. 18, 2022
Check out the mortgage rates for Nov. 18, 2022, which are up from yesterday.
Is interest on a home equity line of credit tax-deductible?
HELOC interest is tax-deductible under certain circumstances. Learn more about when you can and cannot claim interest on a HELOC.
Mortgage rates tumble to 6.61%
The 30-year fixed rate mortgage declined to 6.61%, the most since 1981, after nearly 10 weeks of increases.
Affordability squeezing homebuyers’ wallets as builders face 'worst-case scenario'
National Association of Home Builders CEO Jerry Howard argues rising costs and mortgage rates has created "the worst case scenario" in building more affordable starter homes.
Good news: Today’s 15-, 20-year mortgage rates dip below 6% | Nov. 17, 2022
Check out the mortgage rates for Nov. 17, 2022, which are down from yesterday.
Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report
Total household debt increased by more than $300 billion across credit cards, mortgages and more in the third quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt
Can you use a HELOC for a down payment?
If you need to borrow money for a down payment on a second home, you can use a HELOC to finance it. Keep reading to learn more.
Today’s best mortgage deal? 20-year rates are the lowest available at 6% | Nov. 16, 2022
Check out the mortgage rates for Nov. 16, 2022, which are mixed from yesterday.
Mortgage refinancing dries up
A decline in mortgage rates couldn't boost the refinancing area of the mortgage market. Meanwhile, demand for mortgage applications increased 2.7% from the prior week.
What first-time buyers should know about the costs of homeownership
Closing costs can add between 2% and 5% to the sale price of your home — but those aren’t the only homeownership costs you’ll need to consider. Learn more.
Housing agency reports record financial cushion as it braces for market downturn
The FHA doesn’t issue mortgages but insures lenders against losses. Borrowers can pay for insurance on mortgages with down payments of as little as 3.5%.
Today’s 30-year mortgage rates plunge more than a quarter point | Nov. 15, 2022
Check out the mortgage rates for Nov. 15, 2022, which are largely up from yesterday.
Today’s mortgage rates: Shorter terms offer borrowers best opportunity for interest savings | Nov. 14, 2022
Check out the mortgage rates for Nov. 14, 2022, which are largely up from last Friday.
Mortgage rates rise as Fed fights inflation: Freddie Mac
Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.