News

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...
Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...
Rocket Mortgage (formerly Quicken Loans) is the largest home lender in America, both in terms of dollars lent and number of ...
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, barely down from 6.74% last week.
The Federal Mortgage Bank of Nigeria (FMBN) has announced the recovery of over N22 billion in loan arrears as part of ongoing ...
The Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Osidi, said the bank ...
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
Starter homes, while modest, remain attainable for first-time buyers without equity from previous home sales. However, rising ...
Mortgage rates retreated this week, with the 30-year fixed rate averaging 6.75 percent, compared to 6.76 percent the previous ...
Changing the terms of your home loan can make your mortgage payments affordable and help you avoid foreclosure.