A jumbo loan is a type of mortgage that exceeds the conforming loan limits for its area, set yearly by the Federal Housing ...

The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.

A: Unfortunately this is a tricky issue that can take time to sort out.

When interest rates fall, you may want to refinance your mortgage. But can you explain what you hope to get out of refinancing? “If you want to refinance, I say, ‘Well, what do you want to do? What do ...

For the everyday homebuyer, balloon mortgages are a relic of the past — and for good reason. This type of mortgage was widely used in the lead-up to the 2008 financial ...

In this economic environment, nearly anything could happen. Here's what to expect for mortgage refi rates next year.

The rate on a 30-year fixed refinance fell to 6.31% today, according to the Mortgage Research Center. Rates averaged 5.35% ...

Explore current mortgage rates and what they mean for homebuyers.

Home equity is the percentage of your home you own outright, as opposed to the amount you still owe on a mortgage. If you made a 10% down payment, you'd start with 10% equity and increase from there ...

Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.25%, down 0.30% from the previous week, according to the ...

Explore current mortgage rates and what they mean for homebuyers.

With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...