After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement ...
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
Refinancing is when you replace your current mortgage with a new one, often with the goal of lowering your interest rate and ...
A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...
If your monthly payment is $2,661, you'd pay $558,036 interest over the life of the loan. But paying $1,331 biweekly cuts the ...
The critical defect rate for mortgages increased modestly in Q1 2024 and a quality-control company says that lender vigilance ...