Because the terms are shorter and 15-year mortgage rates are lower than 30-year rates, you could potentially save hundreds of thousands of dollars over the life of the loan by opting for a 15-year ...

MBA vice president Joel Kan noted that three weeks of higher mortgage rates has cooled the pace of applications. While rates are still solidly down from where they were a year ago, some buyers may ...

Equitable Bank does not advertise a rate hold for its standard rate mortgages. However, on a broker product sheet for its EQB Evolution Suite mortgages, the rate hold is for 120 days. By taking ...

After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, ...

"For example, in 2020 you could lock in a mortgage rate between 2-3% easily. Nowadays mortgage rates are closer to 6-7%. If the Fed stops raising rates then I'd anticipate mortgage rates to also ...