The amount of home equity homeowners could tap gained $1 trillion in the second quarter as record home-price increases made real estate more valuable.
Refinancing from a 30-year to a 15-year mortgage can yield major savings and help you build equity sooner. Is it the right strategy for your situation?
Fed Chairman Jerome Powell had one job to do on Friday with his annual speech at the Jackson Hole Economic Policy Symposium: Keep bond investors from freaking out. He succeeded.
The Fed's cancellation of its annual Jackson Hole conference after a resurgence in U.S. Covid-19 infections may signal the days of rock-bottom mortgage rates aren't over yet.
Tighter lending standards mean some consumers are being turned down for mortgages for issues that can be remedied.
A Delta-driven resurgence of the Covid-19 pandemic will chill the nation’s economic recovery and suppress mortgage rates, according to a forecast by Fannie Mae.
The average U.S. rate for a 30-year fixed mortgage rose to the highest level in a month, reversing six weeks of declines, after last week’s employment report.
The market share of purchase loans increased to 51% in June from 47% in the prior month as demand for refinancings weakened.
Mortgage rates are falling because of "uncertainty" caused by a resurgence of the pandemic, Freddie Mac's chief economist said.
The Federal Reserve on Monday announced guidelines for a $10 billion program aimed at keeping people with non-traditional mortgages in their homes.
