One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...

The Federal Reserve kept interest rates unchanged on Wednesday, indicating mortgage rates would likely stay stable in the ...

Mortgage rates are hovering in elevated territory, with a lot of uncertainty about where they're headed. But doing any of ...

When interest rates rise, homebuyers look for ways to make their purchases more affordable. And that means adjustable-rate ...

First thing's first before anyone gets too excited: yes, rates fell on Friday, but not significantly.  The average lender is ...

When you pay an up-front fee—or mortgage points—to a lender, you’re providing more money initially in order to get a lower interest rate. For example, the cost for a $200,000 loan at a 30 ...

NDP Leader Jagmeet Singh says first-time homebuyers should have access to low-interest loans from the federal government.

How do you get the lowest mortgage rates? As mortgage rates continue to linger in the 6% to 7% range, waiting for interest rates to fall significantly before purchasing a home may not be an option ...

A 15-year mortgage can be a good option if you can afford the higher monthly payments and want to keep your interest costs as low as possible. It can also be an optimal choice if you’re looking ...

The median home price in Maine reached $400,000 at the end of 2024. The median price in February 2025 was $381,500, up more ...

Choosing whether to recast depends on how large of a payment you can make and whether you want a lower monthly payment or an ...