MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving ...

Freddie Mac’s rate for a 30-year fixed rate mortgage averaged 6.58% for the week ending August 14, its lowest level since ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

The average 30-year fixed rate mortgage was 6.46% yesterday, a decrease of 0.1% since the day before. The 15-year fixed mortgage rate stood at 5.43%, down by 0.08%. The 30-year FHA mortgage averaged 5 ...

Mortgage rates fell last week on the back of reports of a weakening job market. Homeowners jumped on the opportunity, driving ...

Total mortgage application volume rose 10.9% from the previous week, according to the Mortgage Bankers Association’s ...

The average cash-out refinance in the second quarter resulted in the homeowner pulling $94,000 in home equity, increasing their monthly payment by $590. On average, they also raised the interest rate ...

A lower rate should be “enough of an incentive” for some homeowners to sell their homes and trade up, opening up inventory.