Current Mortgage Rate
- What to know about the new mortgage formsMortgage borrowers should find it easier to compare different loan products and understand the total cost of their loan under new rules that take effect Saturday. The Loan Estimate also shows the total interest percentage—the total amount of interest that you will pay over the loan term as a percentage of the loan amount.
- 4 ways to lock in low interest rates as the Fed eyes a moveTwo months ago economists were all but certain that the Fed would raise rates at its meeting this week. The slowdown in China, turmoil in the stock market and continued low inflation has some economists calling for the Fed to hold off on ending what’s been an unprecedented period of maintaining rock-bottom rates.
- Why it’s harder to sell your home in an election yearIn a paper published last year in the British Journal of Political Science, Princeton economist Brandice Canes-Wrone and her co-author Jee-Kwang Park, an assistant professor at Nazarbayev University in Astana, Kazakhstan, used data from Zillow.com to look at housing sales during 73 U.S. gubernatorial elections in 35 states from 1999 to 2006. The likely cause, […]
- What to know about the new mortgage forms