News

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 ...
Underwater mortgages are rising in parts of Texas and Florida. See why it’s different from 2008—and what today’s homeowners ...
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 RMR Group secured a $1 billion refinancing for Vertex Pharmaceuticals' Boston Seaport headquarters, a five-year, interest ...
A lower rate should be “enough of an incentive” for some homeowners to sell their homes and trade up, opening up inventory.
Overall mortgage volume rose nearly 11% week-over-week, spurred by a slide in mortgage rates pushing refinance activity to levels last seen in April, and adjustable-rate mortgage activity to highs ...
Certain missteps during this limbo period can hurt your chances of securing favorable loan terms, experts say.
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...
After the 30-year fixed-rate decreased to 6.67%, the refinance share of mortgage activity increased to 46.5% of total application ...
The interest rate for the most popular U.S. home loan dropped to 6.67% last week, the lowest rate since early April, triggering a rush of homeowners seeking to lock in ...
The average cash-out refinance in the second quarter resulted in the homeowner pulling $94,000 in home equity, increasing ...