Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage.

The rate on a 30-year fixed refinance fell to 6.38% today, according to the Mortgage Research Center. Rates averaged 5.39% ...

Mortgage Research Center. Rates averaged 5.41% for a 15-year financed mortgage and 6.06% for a 20-year financed mortgage.

When I stepped into the role of president of the Mortgage Industry Standards Maintenance Organization (MISMO) just ahead of ...

If we’ve learned anything from 2022 and 2023, even 2024, it is that they are not 2020 and 2021.Volumes and margins have dropped, as have profits. The number of lenders and originators have dropped as ...

If you’ve got $100,000 in investible assets, you qualify for a free appointment with a vetted financial advisor in your area.

Refinancing involves closing costs, so the timing matters. If you plan to stay in your home long enough to break even on those costs, refinancing can make strong financial sense. The “break-even point ...

Local governments can incentivize reinvestment in undervalued communities through tax credits, equity-based lending, and fair-appraisal programs. Community development financial institutions (CDFIs) ...

AI-powered platform Ready4Remodel helps buyers see a home’s potential and secure renovation financing with ease.

Your location, loan amount and chosen lender can impact your refinancing costs.

More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.