Should You Buy Points to Lower Your Mortgage Rate?
Rising mortgage rates open the door to conversations between borrowers and lenders about lowering rates by paying upfront fees for points.
July 22, 2022 5 MIN
Rising mortgage rates open the door to conversations between borrowers and lenders about lowering rates by paying upfront fees for points.
Rising mortgage rates are cutting into what homeowners can afford to spend on a home. Here's what a $2,000-a-month housing budget gets you in different parts of the nation.
Higher mortgage rates have priced some buyers out of the market, but potential homeowners can choose to get a lower rate with an adjustable-rate mortgage.
If you're shopping for a mortgage, should you be looking for a broker or a lender? What about online mortgage companies?
A surge in home values means mortgage lenders and banks can offer owners larger cash-out refinances, home equity loans and HELOCs. Here’s what you need to know.
After a record-breaking surge in home prices last year, saving enough cash for a down payment is tougher than ever for Americans hoping to purchase real estate.
If your primary concern is increasing your home’s sale price, a seemingly profitable endeavor might turn into a losing proposition when you crunch the numbers.
Demand has tripled for adjustable-rate mortgages as Americans grapple with surging costs for home loans with rates fixed for 30 years.
Higher interest rates and slowing home sales have tipped real estate into a “buyers market” after two years of sellers calling the shots.
Higher interest rates will soften demand for real estate and provide a "reset" for home shoppers, Fed Chairman Jerome Powell said.
Allowing the VA loan fees to reset as scheduled will save veterans and active-duty military members about $200 million annually, the lenders’ group said.
A homebuyer would need $48,435 of annual income to qualify for a mortgage on a $180,000 median-priced home in Detroit, making it the most affordable U.S. metro area.
Don't wait until you find your dream house to check your credit reports for errors.
Flood insurance is separate from your standard homeowner’s insurance, and if you are buying in a flood plain, most lenders
