Mortgages Blog

Here you can find news and advice about mortgage rates, real estate, mortgage servicing, the housing market and how they are affected by the economy. Our reporters offer relevant information and useful tips for homeowners, those looking to buy a home, refinance or get a home equity loan or line of credit. See the latest Mortgage Blog posts below.
Thursday, January 15, 2015 10:42 am
By Holden Lewis · Bankrate.com

According to the Supreme Court, you can rescind, or cancel, the mortgage any time within three years. All you have to do is send a letter to the lender.

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Tags: gnews, news
Friday, January 9, 2015 12:25 pm
By Polyana da Costa · Bankrate.com

The December employment report brought mixed news for potential mortgage borrowers and homeowners.

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Thursday, January 8, 2015 2:16 pm
By Polyana da Costa · Bankrate.com

Mortgages for borrowers with low down payment will soon cost less.

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Friday, December 5, 2014 3:06 pm
By Polyana da Costa · Bankrate.com

The employment report released this morning is great news for the economy but not so much for mortgage borrowers.

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Wednesday, December 3, 2014 1:37 pm
By Polyana da Costa · Bankrate.com

Home prices keep rising, but not as rapidly as they were a few months ago.

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Friday, November 14, 2014 3:10 pm
By Holden Lewis · Bankrate.com

Remember the wise decision that Bank of America made in August 2001 in light of the decision it’s making now.

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Tags: Mortgages, news
Friday, November 7, 2014 9:24 am
By Holden Lewis · Bankrate.com

When policymakers and pundits talk about home affordability, they usually discuss mortgage interest rates and student loan debt. But the underlying problem is slow wage growth.

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Tags: economy
Thursday, November 6, 2014 1:53 pm
By Holden Lewis · Bankrate.com

When a lender makes a paperwork error, is justice served by forcing the lender to cancel the loan three years later?

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Tags: news
Tuesday, October 28, 2014 11:59 am
By Holden Lewis · Bankrate.com

The homeownership rate keeps sinking. Now it’s at its lowest level since 1994.

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Monday, October 27, 2014 3:30 pm
By Holden Lewis · Bankrate.com

Mortgage rates are influenced by bond prices, and when bond prices go up, yields and interest rates go down. But why? Here’s a brief, simplified explanation.

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Tags: primer
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