Whether you’re buying a house or hoping to refinance, it pays to know how the Federal Reserve affects mortgage rates. Even a ...
The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in ...
When you shop for a mortgage, you’ll quickly notice there are many options available. You can choose from a fixed-rate or adjustable-rate loan and are not limited to a single loan term. Instead, many ...
The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year ...
On Wednesday, the Fed lowered its benchmark federal funds rate by a quarter percentage point to a range of 3.75% to 4%.
A mortgage is a long-term loan from a financial institution that helps you purchase a home, with the home itself serving as collateral. Mortgage payments typically consist of principal (the amount ...
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. A 30-year mortgage is a ...
HomeReady loans are backed by Fannie Mae, a government-sponsored enterprise (GSE), but Fannie Mae is not the lender — the loans are funded by mortgage lenders. You’ll apply for and close the mortgage ...
Figuring out your mortgage payments can be challenging, but it doesn't need to be that hard. With the right tools and understanding, this essential aspect of home buying becomes less of a mystery and ...
Last week AllRegs announced the release of its new Think Reveres Practical Guide. The guide is based on the book written by Atare E. Agbamu and is designed for originators, servicers, and investors in ...
New guidelines should provide homeownership opportunities for certain consumer segments with thin credit files and open up product options, lenders said.