A jumbo loan is a type of mortgage that exceeds the conforming loan limits for its area, set yearly by the Federal Housing and Finance Agency (FHFA). In most parts of the U.S. in 2025, it’s a mortgage of more than $806,500.

From credit cards and car loans to mortgage rates, student loans and savings accounts, here's a look at the ways a Fed rate cut could affect your finances.

Explore current mortgage rates and what they mean for homebuyers.

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to say, complete with sample sentences that you can use as you kick off a refinancing conversation with a loan officer or mortgage broker.

While a lender owns your loan, a mortgage servicer owns the mortgage servicing rights and handles loan management tasks associated with your mortgage. These tasks include collecting monthly payments, tracking principal balance and interest, managing escrow accounts and providing customer service.

The rate on a 30-year fixed refinance climbed to 6.42% today, according to the Mortgage Research Center. Rates averaged 5.43% for a 15-year financed mortgage and 6.14% for a 20-year financed mortgage.

The conforming loan limit is the maximum amount of money a homebuyer can borrow using a conventional mortgage that's eligible for purchase by Fannie Mae and Freddie Mac. The Federal Housing

Heading into this week's Federal Reserve meeting, mortgage rates declined to the lowest levels of 2025. Here's what that might mean for 2026 and beyond.

The rate on a 30-year fixed refinance declined to 6.32% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.37%. For 20-year mortgage refinances,

Did you know your home can serve as collateral for multiple loans at once? If you take out a loan that’s secured by your home when you already have a primary mortgage, your new loan is called a second mortgage. You might get a second mortgage to pay for ...

Fed signals pause on rate cuts as investors navigate data darkness and leadership change After three consecutive interest rate cuts, investors now confront an uncertain U.S. monetary policy outlook for the year ahead,