After the Federal Reserve began cutting its benchmark interest rate in September, many consumers hoped the cost of borrowing money would also fall. Instead, the opposite has happened. Mortgage rates ...

MOSO’s best feature, according to Suong, is the automatic interest rate update that’s sent via text or email to borrowers, allowing them to lock in a mortgage rate with the click of a button. “Not ...

During his remarks following the Jan. 29 policy meeting, Fed Chair Jerome Powell said officials are not in a hurry to lower ...

Your home needs an urgent repair (a plumbing issue, for instance) or is on the verge of needing one (sinking foundation) and ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Lenders are subject to a rule which means no more than 15 per cent of their mortgage book can be comprised of loans above 4.5 times the borrower's income - but that could change under the plans ...

ASB has cut its 18-month fixed term loan rate to 5.39% ... That raises a question among many mortgage holders about fixed term lengths and paying floating rates short term in the hope of cheaper ...

The interest rate on 30-year mortgages rose last week to an eight ... The average rate on the most popular home loan reached 7.09% for the week ending Jan. 16 — the highest level since May ...

Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales. The average rate on the standard 30 ...

A mortgage loan servicer is a company that collects payments and manages a home loan. Loan servicers handle many tasks including responding to forbearance requests, cancelling PMI and certifying ...

Most mortgage deals allow fees to be added to the loan and only be charged when it is taken out. This means borrowers can secure a rate without paying expensive arrangement fees. Keep in mind that ...

More than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its ...