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

Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for ...

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

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

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

Does it make sense to aggressively pay down your mortgage first? Or should you invest any extra cash? When the question is ...

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

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 ...

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 ...