
Federal Reserve rate hike impact on home equity
The latest news on the Fed and home equity rates
Suzanne De Vita is a senior editor on Bankrate’s Home Lending team, focusing on mortgage and real estate topics for homebuyers, homeowners, investors and renters.
Before joining Bankrate, Suzanne was the senior online editor at RISMedia and Real Estate magazine, where her newsletter work was recognized by the National Association of Real Estate Editors. Prior to that, she was a content and PR strategist for a home staging firm and an art teacher. She is also a Chicken Soup for the Soul contributor and storyteller.
Outside of contributing to her team at Bankrate, Suzanne spends time with her family, dog-ears cookbooks, fills out crosswords in ink and practices yoga.
It can be difficult to understand what it takes to get approved for a mortgage, especially if your credit needs work or you carry different forms of debt. My best tips? Search thoughtfully for a mortgage lender, keeping in mind that a low rate, while important, isn’t the sole indicator of a positive lending experience. Don’t be afraid to ask the loan officer to help get you in qualifying shape, whether that’s advice to lower your DTI ratio or guidance on low-credit programs. You’ll be able to tell right away which lender’s on your team and which is more focused on getting the sale.
The latest news on the Fed and home equity rates
The Federal Reserve stayed the course on inflation. What will happen to homebuyers now?
Five lessons this first-time homebuyer learned along the way.
An astonishing turnaround in mortgage rates has seen the 30-year double in short order.
There are advantages to working with a real estate agent — and potential drawbacks.
A cash-out refi lets you tap your home equity in cash. See if it’s right for you.
What if you could buy a home today, but lock in a mortgage rate from 2021?
Top mortgage and real estate news of the week
It covers a particular type of borrower or investor. Newbies needn’t apply.
Compare jumbo refinance rates and choose your preferred lender. Check rates today to learn more about the latest jumbo refinance rates.
Compare jumbo loan rates and choose your preferred lender. Check rates today to learn more about the latest jumbo loan rates.
Shopping for mortgage rates for a second home? Compare second home mortgage rates from Bankrate's wide selection of lenders today.
A home equity loan lets you borrow against your home’s value. To find the best loan for you, compare loan rates with a few lenders before applying.