News

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 ...
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.
The 30-year mortgage dropped to an average contract rate of 6.67% as of Aug. 8. The dip energized homeowners who were looking to refinance or to buy a bigger property. The data came from a weekly ...
The rate on a 30-year fixed refinance rose to 6.6% today, according to the Mortgage Research Center. The average rate on a 15 ...
The interest rate for the most popular U.S. home loan dropped to 6.67% last week, the lowest rate since early April, ...
The rate on a 30-year fixed refinance declined to 6.59% today, according to the Mortgage Research Center. The average rate on ...
However, if your goal is to get rid of this $145,000 debt entirely and get back into the black, downsizing might be the lesser of three evils; the other two being refinancing your mortgage or taking ...
For many homeowners, the house they live in is more than just a place to come home to—it’s a powerful financial asset. With rising home values across the country, many people now have more equity in ...
With refi rates dropping to their lowest level since March, homeowners with a pricey mortgage may have the opportunity to ...
The housing market is under strain with prices falling as families are unwilling to move and refinance their mortgages at current rates.