Current Mortgage News Today

Use what you own to pay off what you owe. Is it a good idea?

Real estate activity will vary significantly from market to market with some top-growth areas expected to see double-digit increases, says Hale.

Inflation may be easing but the impact of high interest rates is still to kick in for many people.

Mortgage rates are moving closer to the 8% mark. Freddie Mac's latest rate survey shows the average rate for a 30-year fixed rate mortgage has risen to 7.49% as of October 5th. That's the highest it has been since December 2000.

Freddie Mac's weekly survey shows the average 30-year fixed-rate mortgage slid to 7.18% as of August 31st. Experts are divided on whether mortgage rates will continue to slide or will move higher later this year.

Home buyers’ purchasing power continues to erode as mortgage rates rise and housing inventory languishes. 

Housing costs are on the rise in the U.S. with the current average home value at $348,853, according to Zillow. This, combined with high interest rates, has made the goal of purchasing a home feel...

Interest rates fluctuate continuously, influenced by a myriad of factors such as inflation, economic growth, and global events. As a home buyer, understanding these rates and how to harness them to your advantage is crucial. This comprehensive guide provides you with insights on how to make the most of today's interest rates when buying a