Mortgages Archives

An anxious mortgage market awaits news from the Federal Reserve about the future of interest rates, even as data from the U.S. housing sector indicates that a recovery seems to be under way. But a major Federal Housing Administration lender went down last week, leaving scores of borrowers scrambling for new loan alternatives or see their deals deep-sixed. Read more»
Whether you’re buying a home or refinancing, the fees can be brutal. One of the least understood: title insurance, which can run from a few hundred dollars to thousands. Read more»
Friday was the bellwether day for mortgage rates last week, with mortgage-backed securities on the rise (and significantly so) at a half a point higher for the day.In lending circles, stronger performance for mortgage-backed securities means better balance sheets for bankers and lenders, and ultimately lower, more competitive mortgage rates for borrowers. Read more»
NEW HAVEN, Conn. (AP) — Federal authorities are creating a mortgage fraud task force in Connecticut to investigate schemes that contributed to the economic crisis and emerging crime trends associated with the growing tide of foreclosures. Read more»
Homebuyers who want to slice a bit off their mortgage costs would do well to look into rate lock commitments – i.e., a bank's promise to honor a specific mortgage rate for a specific period. Here’s how to use your rate lock commitment -– and the calendar -- to engineer lower fees on your final mortgage bill. Read more»
Feds Push Lenders to Modify More Loans
By: The Associated Press
By Alan Zibel and Daniel Wagner, AP Business Writers Read more»
Two themes dominated the mortgage rate marketplace this week – but there’s no solid proof that either one can keep mortgage rates on a sustained downward trajectory.But there is some proof emerging that the housing market has survived the worst of the recession. Read more»
By Jeannine Aversa, AP Economics Writer Read more»
The path from considering a new home to actually signing the mortgage papers can be a tricky one, with plenty of players to meet along the way. Here’s a program listing the key players – like mortgage brokers, loan officers, real estate agents and home appraisers – that you’ll run into on your mortgage journey. Read more»
Evil Mortgage Modifiers
By: Althea Chang
This week the New York Times (Stock Quote: NYT) ran an interesting and depressing story about how former purveyors of sub-prime mortgages are spending their time. Read more»
Sign Up Now for Our FREE Newsletter

NEW: BankingMyWay Credit Center

 

Looking for your credit score?  It's quick and easy with our Credit Center powered by Experian!

  • Free Credit Score
  • Credit Articles
  • Credit Reports

Get your score and save money today!

US Rate Map - National Mortgage APY

 
Roll over states to see best rates.
 
Lower Rates Higher Rates

This illustration shows rates based on all terms and locations of a particular state. Products may not be offered by all institutions. Individual institutions determine the availability and required qualifications of their products. Product restrictions may apply.

Calculators

Calculator Access our Savings, Mortgage, Auto Loan and Personal Finance Tools here.