Mortgages

Latest Articles

• What is a prepayment penalty?

  A prepayment penalty discourages borrowers from paying more or paying off the loan.

  4 min read May 11, 2021

  

• Mortgage lenders are competing more on rates — and that’s good news for borrowers

  After raking in profits in 2020, some lenders have decided offer better deals to compete for business.

  3 min read May 11, 2021

  

• How to get a low-cost mortgage refinance

  Here are some ways to improve your chances of getting a low-cost mortgage refinance.

  5 min read May 11, 2021

  

• Home equity loan or HELOC vs. reverse mortgage: Which is right for you?

  What’s the best way for older homeowners to tap home equity for cash?

  4 min read May 10, 2021

  

• Today’s refi rates slide – May 10, 2021

  The average 30-year fixed-refinance rate is 3.12 percent, down 5 basis points since the same time last week. The average rate for a 15-year fixed refi is 2.42 percent, down 4 basis points since the same [...]

  5 min read May 10, 2021

  

• Weekly mortgage Q&A: Tips for servicemembers and veterans who want to buy a home

  What members of the armed forces and veterans should know in the current real estate climate.

  3 min read May 10, 2021

  

• 8 mortgage refinance options for people with bad credit

  Borrowers with poor credit can still nail down home loan refinancing. Here’s how.

  8 min read May 10, 2021

  

• What’s driving mortgage rates the week of May 10-16, 2021

  An inflation report could hold a clue to the future of mortgage rates.

  1 min read May 10, 2021

  

• Mortgage and real estate news this week: Effects of the housing boom, appliance shortages, rate forecast

  This week we take a deep dive into the housing boom and also look at the ongoing home goods shortages.

  2 min read May 08, 2021

  

• Mortgage rate deals for week ending May 8, 2021: Top offers from lenders

  Rates have been trending lower in the past month.

  1 min read May 08, 2021