Mortgages

Reverse mortgages are for people aged 62 and over who meet strict financial and housing requirements

Reverse mortgages are for people aged 62 and over who meet strict financial and housing requirements

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. A reverse mortgage allows seniors to leverage the equity in their home …

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Today's Mortgage and Refinance Rates: September 25, 2022 |  As rates soar, variable rate mortgages become more attractive

Today’s Mortgage and Refinance Rates: September 25, 2022 | As rates soar, variable rate mortgages become more attractive

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. The Federal Reserve last week announced a further 75 basis point increase …

Today’s Mortgage and Refinance Rates: September 25, 2022 | As rates soar, variable rate mortgages become more attractive Read More »

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.”  Here are ways to save

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.” Here are ways to save

Noel Hendrickson/Getty Images Even with signs of a slowing housing market, home buyers are still feeling the sting of high prices and higher interest rates. The average rate for a 30-year fixed-rate mortgage is 6.7% on Friday, down from 3.3% at the start of 2022, according to Mortgage News Daily. Along with that, home prices …

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.” Here are ways to save Read More »