Mortgage interest rates are much lower than they were one year ago. Here's how much a $500,000 costs monthly now.

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.02%, according to the Mortgage Research Center, while the ...

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.15%. On a 20-year mortgage refinance, the average rate is 6%.  Related: Compare Current Refinance Rates 30-Year Refinanc ...

Before you can apply for a mortgage loan and buy your dream home, there's a good bit of preparation to be done.

The Federal Reserve's recent decision to reduce its benchmark rate by 25 basis points has triggered a meaningful shift in the mortgage landscape, one that helped to mitigate the high costs of buying a ...

Low mortgage rates from the COVID era might still be attainable for homebuyers, if they find the right house and have the ...

Key Takeaways Start with no-cost mortgage quotes to compare lenders on equal footing without fee confusion.The lowest no-cost rates help you build a shortlist of the most competitive lenders.You can ...

No-closing-cost mortgages are mortgages where your lender pays the closing fees on your behalf. It shouldn’t be confused with a mortgage with no closing costs. Before considering a no-closing-cost ...

Energy-efficient homes with HERS ratings show lower DTI and default risk when energy savings are factored into loans.

Buying a home can be expensive with all its additional fees and costs. That’s why many homebuyers look to mortgage points as a way to lower their rates and save on long-term interest costs. However, ...

The pros and cons of 50-year mortgages: Is an extra two decades worth the cost? The response was overwhelming this fall when news broke that Fannie Mae and Freddie Mac were working to make President ...