Mortgage rates go up slightly as some lenders tighten restrictions on who qualifies for a home loan

Mortgage rates went up slightly this week — an indication that mortgage firms are changing their lending operations in response to the coronavirus. The 30-year fixed-rate mortgage averaged 3.33% during … Read More

Where mortgage payments take the smallest bite out of people’s bank accounts

It’s getting tough to afford a place to live — but residents of the nation’s capital are better placed than their peers in other cities. People in Washington, D.C., have … Read More

The Fed dropped interest rates to 0% — what that means for your credit cards and bank accounts

The Federal Reserve’s decision to cut interest rates to zero isn’t good news for savers — or spenders. The Fed said Sunday that it was cutting its benchmark federal funds … Read More

How you can get better while you’re denied a mortgage

When Philip Weiss, a methods engineer in New Jersey, noticed the country home on a 4-acre lot within the Poconos, it was love at first sight. He was preapproved for … Read More

SIERRA PACIFIC MORTGAGE COMPANY, INC., WELCOMES JENNIFER FOLK TO THE FIRM AS VICE PRESIDENT/DIVISION MANAGER – WESTERN TPO

The MarketWatch News Department was not involved in the creation of this content. FOLSOM, CA, Sep 10, 2020 (GLOBE NEWSWIRE via COMTEX) — FOLSOM, CA, Sept. 10, 2020 (GLOBE NEWSWIRE) … Read More

Refinancing your mortgage will cost more thanks to a new fee from Fannie Mae and Freddie Mac

If you’re in the process of refinancing your mortgage, you may end up paying more than you expected. Fannie Mae FNMA, +2.51%  and Freddie Mac FMCC, +1.84%  said Wednesday that … Read More

Mortgage rates keep falling — will they finally drop to 0%?

Mortgage rates have dropped to record lows on eight separate occasions in 2020 so far, as the coronavirus pandemic has roiled the global economy. But could they eventually drop to … Read More

Quicken Loans is going public: 5 things to know about the mortgage lender

Rocket Companies RKT, , the parent company of mortgage lending giant Quicken Loans, has set the terms of its initial public offering. The company announced earlier in July that it … Read More

The Fed just cut rates to 0% — here’s what that means for mortgage rates

The Federal Reserve cut its benchmark interest rate to 0% on Sunday — but don’t necessarily expect lower mortgage rates as a result. The Fed announced it would cut interest … Read More