Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Consider using the services of a mortgage broker, but do your own legwork to make sure you get the best deal. Decide whether you want to use points to lower the interest rate, and lock in the rate ...

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You've paid off your mortgage, congratulations! But now you have a massive home repair project and not enough ready cash to cover it. Fortunately, you can still take out a home equity loan on your ...

Mortgage rates may have inched up to the highest level in nearly eight months, but that’s not stopping one group from jumping into the market. Some homeowners are sinking their teeth into ...

Friday, Nov. 1, 2024. (AP Photo/Nam Y. Huh) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly ...

The rate on the 30-year mortgage, the most popular home loan in the United States, jumped to 7.04 percent this week, up from 6.93 percent the previous week. Mortgage rates tend to track the yield ...

But what exactly does this new inflation report mean for borrowing rates — and for mortgage rates, in particular? Below, we'll break down how this new data could impact homebuyers and homeowners ...

The average contract rate on a 30-year fixed-rate mortgage rose 10 basis points in the week ended Jan. 10, the Mortgage Bankers Association said on Wednesday. It was the fifth straight weekly rise ...