Mortgage Rates Change Little Ahead of Fed Decision
Digest more
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the political pressure increasing. As a result, prospective homebuyers shouldn't expect August to usher in much change for mortgage rates.
Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® mortgage calculator. The typical monthly payment on a median-priced $440,950 home at today’s 6.74% mortgage rate is roughly $2,286. (That’s assuming a 20% down payment and excluding tax and insurance.)
Q2 2025 Management View Mark A. Klein, Chairman, President and CEO, opened by stating, "6 months in, we have met and exceeded our expectations. On a go-forward basis, we have positioned ourselves quite nicely to continue our trends and to outperform our peers in the second half of this year.
Both HELOC and home equity loan interest rates fell again last week. Here's what potential borrowers should do next.
Sen. Adam Schiff is under scrutiny after the FHFA accused him of falsifying documents to claim primary residency in both Maryland and California in order to secure favorable mortgage terms.
VantageScore could potentially help younger borrowers or others with limited credit histories qualify for home loans or get better rates, saving them money.
If you're concerned that your parents are considering a reverse mortgage, discuss their financial situation with them to help determine if it's the best financial solution.