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.
Tuesday, February 3, 2015 12:15 pm
By Holden Lewis · Bankrate.com

When 65 percent of homeowners say they are “very confident” that they know their mortgage rate, most of them are overconfident.

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Thursday, January 29, 2015 11:32 am
By Holden Lewis · Bankrate.com

The homeownership rate fell to its lowest point in more than 20 years in the final quarter of 2014.

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Tags: economy
Tuesday, January 27, 2015 3:40 pm
By Polyana da Costa · Bankrate.com

Wages have been stagnant since the recession, but the median wage of homebuyers and refinancers has been all over the map.

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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
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