The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally ...

Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.

As awful as it is for the millions of homebuyers nationwide looking to purchase a new home, a 7% mortgage interest rate is a ...

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, ...

seven or 10 years, which may be about as long as you expect to own the home. Another good reason to consider an ARM is if you can’t afford the monthly payment of a fixed-rate mortgage.

Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. shapecharge / Getty Images After a large two-day drop, 30-year mortgage rates ...

The rate on a 30-year fixed refinance rose to 6.95% today, according to the Mortgage Research Center. Rates averaged 5.95% for a 15-year financed mortgage and 6.81% for a 20-year financed mortgage.

An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed interest rates at their onset, but often become more costly after the rate starts ...