Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.

Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.

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

To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...

In the first week of January, mortgage rates averaged around 6.62%, already elevated compared to historical norms. By late ...

A mortgage broker has revealed the four financial behaviours aspiring homeowners need to avoid if they want to buy a property ...

The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early ...

People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in ...

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 ...