Making a larger down payment can get you a lower interest rate. Most — but not all — mortgage loans require a down payment, a ...

Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.87%, down 0.11 percentage point from the previous week, ...

Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.

Rates on 30-year new purchase loans ended last week 5 basis points lower than the previous Friday, dipping to a 6.79% average. That's now the cheapest weekly average of 2025. Compared to five weeks ...

City National Bank gets top billing, offering $50,000 in grant funds in its Ladder Up program, which borrowers don’t have to ...

North American banks face heightened anti-money laundering scrutiny and a few related variables will determine whether or not this leads to more mortgage sales.

On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

Though new purchase mortgage rates saw welcome declines in late November and early December, they bolted higher around Christmas—and then higher still in mid-January. But the last four weeks have ...

Bids were due last week for the portfolio of so-called jumbo mortgages from US homeowners with ... lenders to shore up more capital against residential mortgage loans, are likely to be watered down or ...

In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.

Industry ‘awaits potential shifts in interest rates’ for increase in activity, MCT says Mortgage lock volume fell slightly in January (-0.12%) from the month before, according to Mortgage Capital ...