Adjustable rate mortgages can save you money upfront—find out how they work and what risks to consider before applying.

One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...

After declining for three days, 30-year mortgage rates surged Monday. The average now matches last week's high. Rates were ...

On Friday, 30-year mortgage rates shed points for the third market day in a row. The new average stands at 6.76%. Rate ...

The key difference is that, with a simple refinance, you can defer closing costs by rolling them into the mortgage and paying ...

Understanding Balloon Payments. A balloon payment is a payment at the end of a loan term that is “larger than usual,” ...

"A 15-year mortgage is a better hedge against inflation than a longer-term loan if you can comfortably afford higher monthly ...

Chimera Investment Corporation (NYSE: CIM) announced that on March 25, 2025 it had sponsored two securitizations of residential mortgage loans with an aggregate principal balance of $646 million. The ...

What is a spot loan? It's a short-term installment loan with fast approval -- but be prepared for high interest rates and ...

The Federal Reserve kept interest rates unchanged on Wednesday, indicating mortgage rates would likely stay stable in the ...

FHFA Director Bill Pulte said Tuesday that he won't cut the conforming loan limits for loans bought by Fannie Mae and Freddie ...

These are today's mortgage and refinance rates. Mortgage rates are down slightly, but it's unclear if they'll drop much ...