When applying for a mortgage, one of the most consequential decisions homebuyers make is choosing the term of their loan. While most buyers opt for a 30-year mortgage, a small percentage purchase ...

The days of a refinance-driven mortgage market are quickly coming to an end. Luckily for us, the share of purchase applications will start to take over, according to several sets of recently released ...

At first glance, a new industry report from Black Knight Financial Services (BKFS) appears to show that the average credit score for refinance applications is loosening. However, with further ...

Black Knight releases a robust collection of mortgage/housing info each month via its Mortgage Monitor report. There are always more charts than we have time and room to post, but the charts are ...

Compared to the pandemic-era record lows observed just a few years ago, mortgage rates feel uncomfortably high. But when someone points out that mortgages are still painfully expensive right now, a ...

Despite higher monthly payments, a 15-year mortgage results in less interest paid over the term of the loan. This potentially saves homebuyers tens of thousands of dollars, making it a prudent option.