The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.

Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...

For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers ...

A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO ...

Which is the better financial move? See this breakdown of the differences, requirements and pros and cons so you can choose.

Demand for mortgages jumped 9.4% for the week ending July 4, adjusted for the holiday break, according to Mortgage Bankers ...

Understanding mortgage and refinance rates is key when navigating the Texas housing market. These rates aren’t set in stone, though. They fluctuate based on factors like 10-year Treasury yields, ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

The Federal Mortgage Bank of Nigeria (FMBN) has announced the recovery of over N22 billion in loan arrears as part of ongoing ...