Mortgage rate today climbed slightly as of September 25, 2025. The 30-year fixed mortgage is 6.45% and 15-year fixed is 5.77% ...
If you don’t have the cash to buy a home outright, you’ll need a mortgage to make the purchase. Mortgages offer a convenient way to realize your homeownership dreams and allow you to repay the funds ...
A jumbo mortgage refinance is similar to refinancing a conventional home loan, though it comes with stricter eligibility requirements. A jumbo home loan is a mortgage that exceeds Freddie Mac and ...
David Gregory is an editor with more than a decade of experience in the financial services industry. Before that, he worked as a child and family therapist until he made the decision to move abroad ...
Mortgage rates started to climb in late 2021. As a result, refinance activity decreased gradually and subsided altogether by 2023. During the initial quarter of 2023, the number of new loans initiated ...
Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with high payments once that period ends. These loans mainly benefit those ...