A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...

Mortgage rates may be dropping, but it's up to you to know refinancing makes the most sense. Here's how to figure it out.

With mortgage rates dropping to their lowest level since 2022 as the Federal Reserve begins a series of interest-rate cuts, homeowners with higher-rate mortgages are finally getting the chance to trim ...

Homeowners with mortgages coming up for renewal have a big choice to make: Opt for a variable-rate mortgage and hope interest ...

Lynne Coverdale has joined Centra Credit Union’s team as a mortgage loan consultant. Coverdale has worked in the mortgage ...

It cannot run the budget and (with the exception of the mortgage) shouldn’t be the biggest expense in your budget. Debt that ...

Refinancing is when you replace your current mortgage with a new one, often with the goal of lowering your interest rate and ...

The Federal Home Loans Bank System is under pressure to fund more affordable housing and has several proposals that may work ...

If your monthly payment is $2,661, you'd pay $558,036 interest over the life of the loan. But paying $1,331 biweekly cuts the ...

There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.

According to the most recent report, the loan for Gateway Center was transferred to special servicing due to an “imminent ...

Phones were ringing Thursday at local mortgage companies in the wake of the Federal Reserve’s Wednesday decision to drop its ...