See how we rate mortgages to write unbiased product reviews.Mortgage rates for May 16, 2025, are around 6.80%.Rates have gone ...

Lower mortgage rates ease the financial pain for prospective homebuyers, presenting an incentive at a moment when it appears unclear whether borrowing costs will drop any further, some analysts ...

Though the Fed's policy changes have a ripple effect on all short-term lending rates, the central bank doesn't directly set ...

Mortgage loan applications increased 11% from a week earlier—representing both home purchases and refinancing. The refinance index also increased 11% from the prior week and was 51% higher than ...

“Most homeowners refinance to reduce their monthly mortgage payments with a lower interest rate,” wrote Archana Pradhan, an economist at CoreLogic, in a recent report. Pradhan adds that only ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

refinancing to a 15-year mortgage could be a good option to save money on interest. Additionally, lenders typically offer lower rates on loans with shorter terms, meaning you could reduce your ...

Mortgage rates continue their downward trajectory this week, with two more high street lenders announcing lower home loan ...