Homeowners may be able to easily access the equity in their homes, but these loans have higher interest rates and people risk losing their homes if they miss payments.

The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage point in the last week to 7.35%, according to Curinos. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.03 ...

Freddie Mac’s benchmark rate for a 30-year mortgage increased to 6.91% for the week ending January 2, 2025. With this week’s ...

This Washington, D.C. mortgage planner says he has seen the monthly payments of new clients double in just a few years.

Want to check how much interest you've paid on your home loan or need to change your payment method? Your mortgage loan servicer can help. What Is a Mortgage Loan Servicer? A mortgage loan servicer ...

On March 27, 2020, Congress passed the CARES Act to offer economic relief to those affected by the shut-downs, expanding unemployment benefits and offering mortgage forbearance to homeowners with ...

A home equity loan is a type of second mortgage on a home that’s secured by the underlying property. Learn more here.

Mortgage refi rates added a tenth of a point Friday, pushing the average to its highest level since July. Rate movement was up across almost all other refi loan types as well.

The cost of PMI for five years would be over $12,000. Meanwhile, the buyer would have gained significantly more than that in ...

An economics professor was walking with a student when the student looked down and said, ‘Look! A $50 bill!’ The professor ...

Housing affordability remains a problem at the start of 2025. Learn how to calculate how much house you can afford.

Determining how much money you need to buy a house has always been daunting for first-time homebuyers, and it doesn’t seem to ...