The rate on a 30-year fixed refinance climbed to 7.05% today, according to the Mortgage Research Center. For 15-year fixed ...

While FHA mortgages can help those with low credit or a high DTI affordably purchase a home, conventional loans can often be the better deal if your credit is in the "very good" to "excellent ...

As a trusted personal finance writer and mortgage specialist, Maryalene LaPonsie has interviewed hundreds of certified financial planners, CPAs and wealth advisors, and distills their expertise ...

The FHA streamline refinance allows you to refinance an FHA loan without a new home appraisal. The lack of appraisal can save you time and money because the cost of a home appraisal is usually ...

The FHA’s current ceiling for single-family home loans in 2023 for most areas of the country is around $420,680. The limit for a four-plex in most areas is roughly $809,150. However, the FHA’s ...

Delinquency rates on Federal Housing Administration and Veterans Affairs loans reached 11.03% and 4.7%, respectively, at the ...

According to data compiled by John Burns, FHA and VA loans represented 34% of the market in 2024, up from less than 30% in ...

If you're saddled with a high mortgage rate, refinancing can get you a better rate and terms, help you pay off your loan faster or even enable you to convert your home equity into cash.

FHA loans can be used to purchase single-family detached homes (a "standard" home that includes a single living unit and sits on its own land), townhouses, condos, and manufactured homes.

There are several popular ways to liquidate home equity, including a home equity loan, home equity line of credit, cash-out ...

MBA data shows that the spread between FHA and conventional delinquency rates reached 841 basis points, while the VA and ...