Mortgage, Rates Jump and U.S. Credit
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Mortgage rates are up today, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.96%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.
JPMorgan Chase CEO Jamie Dimon discussed the burden of mortgage regulations on homebuyers and expressed concerns over economic risks like stagflation and tariffs.
A reverse mortgage is ideal for seniors who may have limited financial resources, as no payment is required. So if you have little to no work or retirement income, a reverse mortgage can be a lifeline and a tool to age in place. A home equity loan or HELOC may not be the right fit, as they require payments.
CNBC Select reviews Longbridge Financial, a leader in the reverse mortgage market with low rates and a robust online presence.
Find out how tariffs are influencing mortgage rates. Learn what affects current mortgage rates and how to secure a better home loan in today's market.
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After surging in April to a 2025 high, mortgage rates plunged and then have inched up only slightly from that low. Here's where that leaves monthly loan payments.
New York Attorney General Letitia James forcefully defended herself Tuesday over a mortgage fraud investigation launched by the Department of Justice.
Redwood Trust (RWT) trades at a 40% discount with strong growth engines, an 11.5% yield, and promising ROE targets.