Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.

The rate on a 30-year fixed refinance dropped to 6.17% today, according to the Mortgage Research Center. Rates averaged 5.29% ...

Closing costs are the loan fees and other costs you incur when you purchase or refinance a home. There’s no escaping them, ...

One of the biggest hurdles to homeownership for many would-be buyers is not necessarily the ability to get a mortgage loan, but the upfront costs associated with buying property. This includes the ...

A "no-closing-cost refinance" has closing costs. You just pay them over time instead of up front. A refinance with no closing costs can be helpful because it frees up cash for other things. A no-cost ...

Among the standard upfront expenses of buying a home that may surprise you are the closing costs. These fees, separate from your down payment, include the cost of services for things like your home ...

In a housing market that features high mortgage rates and home prices, comparing loan products from several different lenders ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But with borrowing costs still higher than in years past, ...

That’s why many homebuyers look to mortgage points as a way to lower their rates and save on long-term interest costs. However, buying mortgage points is not always the best move when buying or ...

A bridge loan is a form of short-term financing that can cover the gap between buying a new home and selling your current one. While bridge loans are used in a variety of fields, in the real estate ...

Borrowers who cannot cover their closing costs sometimes turn to downpayment assistance programs offered through their state housing agencies. But now, veterans and servicemembers have another way to ...

If you took out a mortgage in the last year or two, you might still be reeling from the closing costs you paid — and understandably hesitant to repeat the process even if mortgage rates have fallen ...