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Unfortunately for millions of Americans the savings from refinancing to a lower rate are out of their grasp because they do not qualify, thanks to the tighter eligibility criteria resulting from...
Mortgage rates are the lowest they've been since records first started being kept in 1971. The average rate we're seeing right now is a touch over 5%. For those with good credit, you could be...
Mortgage rates reached record lows this week because of cuts in the Fed Fund rate and the drop in Treasury rates. Still, rates have not dropped as much as would be expected.
Applications for mortgage refinancing tripled in early December on news that the Federal Reserve will buy up to $600 billion of mortgage debt. A mortgage expert describes the pros and cons of...