Mortgage Refinance Rates on Jul. 17, 2025
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As property taxes and homeowner insurance premiums continue rising, homeowners are struggling to keep up with their mortgage payments.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.
Longtime Trump political foe, Sen. Adam Schiff, was referred to the Department of Justice to face criminal prosecution over alleged mortgage fraud that reportedly stretches back years.
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Silvio Tavares, VantageScore CEO, joins 'The Exchange' to discuss the credit scoring services from FICO and VantageScore, how it impacts consumers and mortgage lending.
But in 2023 the average rate on a 30-year fixed mortgage was 6.8%, its highest in 22 years. Last year it was only slightly lower. And so the tricks of 40 years ago are back. Mr Sabic is among a small but growing band of homebuyers who have taken over their seller’s mortgage.
A reverse mortgage can be a powerful way to supplement Social Security income and give your retirement budget a little more flexibility. Whether you're looking to cover essential expenses, pay for medical care or want to strategically delay claiming Social Security, tapping into your home equity might help you live more comfortably in retirement.
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As a result, total mortgage application volume dropped 10% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
FHFA director refers Sen. Adam Schiff to DOJ for alleged mortgage fraud, citing documents on Maryland and California properties for favorable loan terms.