Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to ...

Mortgage insurance premiums (MIPs) are a type of insurance paid to the Federal Housing Administration (FHA) for certain mortgage loans. If you can buy a home with a Federal Housing Administration (FHA ...

In a perfect world, all homebuyers would have the cash to pay at least 20% down on their home purchases. In the real world, it can be tough to scrape together a fraction of that amount. Mortgage ...

Are you looking to refinance your FHA loan? Switching to a conventional loan could be ideal if you qualify for more competitive terms or if you want to get rid of mortgage insurance. But is it the ...

An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home, or ...

Let’s start off the new year with a money saving tip, especially for low-down payment, first-time owners who bought a home more than two years ago. If you bought your home using conventional financing ...

Your down payment and credit score may determine which loan is your most cost-effective option Written By Written by Contributor, Buy Side Amy Fontinelle is a contributor to Buy Side and an expert on ...

Don't accept the first rate you're quoted. With mortgage rates at 1-year lows, these six strategies — from credit tweaks to ...

Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 6.06% for a 20-year financed mortgage.