Mortgage rates today fell to 6.88%. Find out if rates are expected to drop further and see example payments for $300K to ...

Typically, experts recommend you spend no more than 28 percent of your monthly gross income or 25 percent of your net income on mortgage payments. Today, you may find yourself spending substantially ...

Given that 30-year refi rates sank as low as 6.71% in March, however, today's rates remain elevated. The current average is ...

After a sharp drop of 16 basis points over four days, falling to a six-week low on Thursday, 30-year refinance rates have ...

For example, on a $500,000 mortgage, you'd save $329 on the monthly payment with a 6% versus a 7% rate. ... and they’ll spit out sample refinance rates from various lenders.

CNBC Select has chosen the best mortgage lenders based on affordability, credit requirements, customer service and more.

The average 30-year fixed mortgage rate has been elevated for a couple of years, reaching a recent high of 7.79% in October 2023. Since then, mortgage rates have trended downward with periodic ...

However, Mutual of Omaha Mortgage has some benefits that Rocket Mortgage doesn't. This includes a minimum credit score of 550 on some of its government-backed mortgages, and the ability to get a ...

Based on the 28% rule, your household should aim for an before-tax monthly income of $7,714 — or an annual gross income of about $92,568 ($7714 x 12) — to comfortably afford a $300,000 mortgage.