Today, the mortgage interest rate on a 30-year fixed mortgage is 6.01%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.29%, and the average rate on a ...

The demand for new home loans and refinancing increased. Plus, government-backed loans maintained interest from homebuyers.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Getting a mortgage is challenging for anyone, but there are additional hurdles if you're your own boss. Lenders typically require pay stubs, W-2 forms and a record of steady employment. They consider ...

The most common type of reverse mortgage, the Home Equity Conversion Mortgage (HECM), is backed by the U.S. Department of Housing and Urban Development. Homeowners must be 62 or older, have 50% or ...

Reverse mortgage expert Dan Hultquist discusses HECM reform, proprietary loan trends and the role of technology in industry growth.