Principal and interest are the two biggest factors that make up a mortgage payment. Principal refers to the actual sum of ...

Mortgage rates dropped to the lowest level in five months, luring more home buyers into the housing market. As the 30-year ...

Lower mortgage rates are good for housing affordability, but the reason behind the recent dip — a weakening economic outlook ...

There are two primary types of mortgage rates: fixed-rate and adjustable-rate. Fixed-Rate Mortgages: With a fixed-rate mortgage, the interest rate remains the same throughout the loan term ...

One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.

As bond yields have edged down from January highs, the 30-year mortgage rate has steadily dipped, logging six straight weeks ...

In recent weeks, mortgage rates have fallen ahead of the Federal Reserve’s March meeting, and the spring homebuying season is ...

“As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since ...

The 30-year fixed-rate mortgage fell to the lowest level since December 2024 at the end of February, prompting many ...

The Bank of Canada’s March 12 rate cut will be no match for the uncertainty caused by a tariff war. Lower rates won't erase ...

This is because the monthly payment on a 10-year mortgage will be significantly higher than one for a 30- or 15-year fixed-rate mortgage. If you have any financial problems down the road ...