Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Mortgage rates ...

Mortgage rates are down and under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.93%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is ...

The average rate on 30-year fixed home loans edged up to 6.89% for the week ending May 29, up from 6.86% last week, according to Freddie Mac.Rates averaged 7.03% during the same period in 2024.

Mortgage rates rose this week, according to data from Freddie Mac released on Thursday. The average rate on the 30-year fixed mortgage is 6.89%, up from 6.86% last week.

Palantir and Fannie Mae are teaming up to use AI to find fraud in the US mortgage market. Shares of both companies have rallied in the second Trump era.

There was a bit of behind-the-scenes volatility in the bond market today.  Normally, bond volatility translates to interest rate volatility. In some cases, the timing of the volatility is ...

At present, mortgage spreads remain higher than historical averages. If we were to return to a more typical environment, we would expect mortgage rates to be closer to 6% rather than 7%.

Standard HUD-certified counselors can provide reverse mortgage default or other types of reverse mortgage origination counseling, but require a HECM-specific certification for the origination of ...

Longbridge offers two types of HECM in all 50 states and Washington, D.C.: HECM Reverse Mortgage for homeowners who currently own their home and HECM for Purchase, for those buying a new home.

After several weeks of sitting stagnant, mortgage rates surged higher Monday following Moody’s decision to downgrade the U.S. credit rating. Bond yields rose after the late Friday announcement ...

Bessent calls Moody's a "lagging indicator" after U.S. credit downgrade 03:35. The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase ...

The downsizing also reflects the evolving structure of Dark Matter, he continued. Earlier this year, Dark Matter migrated its Empower and Nova loan origination systems onto Amazon Web Services to ...