An interest rate lock agreement will include the rate, the type of loan (such as a 30-year fixed-rate mortgage), the date the lock will expire and any points you might be paying toward the loan.
Mortgage demand from homebuyers is strongest in nearly two months, but that's not saying a lot Applications to refinance home ...
Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire ...
Under a mortgage contract, the mortgagor obliges himself to fulfill a principal obligation, such as the payment of a loan, by securing it with his property. Fulfilling this obligation usually ...
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers.
Overall, purchase application volume is up 6% compared to last year at this time, said MBA's chief economist Mike Fratantoni.
You can't get fully approved for a mortgage without a contract to purchase a home ... you are to ultimately receive full approval for a loan in the amount you were originally preapproved for.
Learn about mortgage rate buydowns and see if you should buy down the interest rate to lower your monthly mortgage payment in ...