30-Year Mortgage and Refinance Rates for January 20, 2021
Bankrate.com· 6 days agoThe average rate for a 30-year fixed-rate mortgage is 2.90 percent, declining 4 basis points over the last seven days. At today’s interest rate, you’ll pay principal
Current Mortgage Rates: Interest Rates Drop
MSN News· 5 days agoThis week, the average rate for a 30-year fixed-rate mortgage decreased by 0.02 percentage points to 2.77% with 0.7 discount points paid.
When to Consider a 15-Year Mortgage
MSN News· 17 hours agoLike many American homeowners, Jason Krueger refinanced his mortgage last year. The move reduced his interest rate by almost a full percent, shaved $268 ...
How Mortgage Insurance Premiums (MIPs) Work
SmartAsset via Yahoo Finance· 2 years agoMortgage insurance premiums (MIPs) pay for insurance to protect mortgage lenders against the risk that borrowers won ...
Retirees, Make the Most of Your Home Equity
Kiplinger via Yahoo Finance· 3 months agoYou can refinance an existing mortgage and take cash out, borrow with a home equity loan or line of credit, or apply for a reverse < ...
Choosing a Mortgage Term: 15-Year vs. 30-Year
SmartAsset via Yahoo Finance· 2 years agoChoosing a mortgage is an integral part of the home buying process. Going with a shorter mortgage term does have some interest-saving benefits. The main...
6 Factors to Consider When Buying a Second Home
SmartAsset via Yahoo Finance· 2 years agoAfter years of responsible behavior and sound financial planning, you decide to buy a dream vacation home. Or you’ve made timely payments and have taken...
How to Buy a Vacation Home
SmartAsset via Yahoo Finance· 1 year agoAssociation of Realtors found that although only 13% of primary homebuyers pay cash, 29% of vacation homebuyers pay cash. Your lender might require a...
How Retirees Can Protect their Portfolios
Kiplinger via Yahoo Finance· 9 months agoBear markets can be nightmarish for retirees. Unlike their younger counterparts, retirees don't have years to recover their losses. If they are forced to...
Is Refinancing a Mortgage Expensive?
U.S.News & World Report via Yahoo News· 6 months agomortgage. Refinancing a $300,000 home loan, for example, may cost $6,000 to $9,000. Generally, any type of refinance loan, including conventional