Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.

Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.

Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...

To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...

A Chicago loan originator was convicted of a $2.6 million mortgage fraud scheme and faces up to 30 years per count. His ...

In the first week of January, mortgage rates averaged around 6.62%, already elevated compared to historical norms. By late ...

After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...

A mortgage broker has revealed the four financial behaviours aspiring homeowners need to avoid if they want to buy a property ...

People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...

The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early ...

If your monthly payment is $2,661, you'd pay $558,036 interest over the life of the loan. But paying $1,331 biweekly cuts the ...

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in ...