Currently, the average interest rate on a 30-year fixed mortgage is 6.02%, compared to 6.12% a week ago, according to the ...

Choosing a fixed interest rate means your monthly payment will be the same over the life of your loan Written By Written by Contributor, Buy Side Alene Laney is a contributor to Buy Side and an expert ...

Thirty-year mortgage rates fell to a one-year low today. Today, the mortgage interest rate on a 30-year fixed mortgage is 5.99%, according to the Mortgage Research Center, while the average rate on a ...

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 ...

Want to buy a home or refinance your current one? These are the mortgage interest rates to know right now.

Mortgage underwriting is the process a lender uses to determine whether to approve your mortgage application. During underwriting, a mortgage underwriter — who works for the lender — verifies and ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...

A second mortgage unlocks home equity at a low interest rate, but it also comes with a second payment and higher qualification standards Written By Written by Contributor, Buy Side Alene Laney is a ...

A mortgage servicer is a company that doesn’t own your loan but acts as a third party to handle the practical tasks associated with a mortgage. When a mortgage lender secures a loan, it can keep ...

A mortgage bond is a type of investment security. Bonds are a type of security in which the issuer owes a debt and is obliged to provide cash flow to the creditor. In the case of a mortgage bond, ...