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

As the name implies, it’s a loan for a lot more money. But it has higher requirements, too.

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 ...

Explore current mortgage rates and what they mean for homebuyers.

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 ...

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

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 ...

If you’re house hunting right now, you're likely navigating through excitement and uncertainty. Mortgage rates just hit their lowest levels in a year, and recent data shows a clear shift toward buyers ...

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 ...

Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.29%, up 0.93% from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by ...