One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.
fixed-rate loan. If you’re thinking about refinancing, be sure to keep an eye on interest rates beforehand as they tend to fluctuate daily. Note that rates on 15-year mortgages tend to be lower ...
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what's ...
Clark Howard offers a valuable money tip for homeowners who want to get out of debt sooner and secure a lower rate.
Just in time for the spring homebuying season, interest rates are reaching their lowest level in months. Freddie Mac reports ...
After declining for three days, 30-year mortgage rates surged Monday. The average now matches last week's high. Rates were ...
Last week, mortgage applications fell 17%, according to the Mortgage Bankers Association (MBA). Year ... rates, and the lender's policies. There are two primary types of mortgage rates: fixed ...
The average US 30-year mortgage rate rose for the first time since early January, causing a pullback in refinancing and ...
The average rate on a 30-year mortgage in the U.S. rose slightly for the second week in a row, a modest setback for ...
You can currently fix your mortgage rate for one, two, three, five, seven, 10 or 15 years, though one-year and 15-year fixes are rare. Generally speaking, the longer your fixed-rate period lasts, the ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose this week, pushing the average rate to 5.83% from 5.8% last week. A year ago ...