Mortgage rates are a little higher this week compared to last week, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.86%, according to Bankrate.

The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an encouraging sign for home shoppers facing rising home prices.

Under-the-pump Australian mortgage holders may still be feeling the impacts of the cost-of-living crunch despite the Reserve Bank moving on interest rates twice this year.

Homeowners who want to lower their monthly mortgage payments often consider refinancing. However, a loan recast could be a better choice. Mortgage recasting involves making a very large prepayment

Discover why banks despise mortgage brokers and how using one could save you thousands on your home loan. Industry secrets revealed by insiders.

The Federal Reserve may cut interest rates later this year, which would mean lower rates on savings, loans, and more. Here are some ways to prepare yourself.

Recently, aspiring home buyers are seeing a little relief. The housing market in general — though there are, of course, market exceptions — has seen more of a “tilt in buyers’ favor,” a June Redfin report noted.

As New Hampshire’s residential real estate market continues to trundle along — with an all-time high median price of $565,000 recorded in June for a single-family house — one spot of relief could be lower interest rates.

A point is equal to 1% of your loan amount (i.e., one point on a $200,000 loan equals $2,000) and is an upfront payment to your lender, paid at closing. In exchange for each point paid, you’ll receive a reduction in your interest rate, resulting in a lower monthly payment and less interest paid over the life of the loan.

America’s housing market is flashing red on multiple fronts, with affordability at its worst in years and little relief in sight. From elevated mortgage rates to general lack of affordability to a death of first-time home buyers,