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Home Finance Center

Mortgage Rates

 

Home Equity Rates

 

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Mortgage Basics

Should you buy or rent?
Find out what you might encounter if you decide to embark on the journey toward home-ownership.

Home Equity Basics

What home equity entails
Wade through the gibberish and get the low down on everything from collateral to credit.

Home equity loan strategies

Trends in home equity lending
Record default levels have been hard on lenders and borrowers, necessitating change.

How did home values fare in your area?

Get the 3rd quarter results from National Association of Realtors national survey of existing home sales.

Is 'intentional foreclosure' ethical?

A homeowner with an upside-down mortgage wonders if he can walk away and start over with a new home, says the Real Estate Adviser.

ID thieves are targeting home equity lines

With identity theft on the rise, scammers are targeting homeowners with substantial equity in their homes.

Check terms of loan before refinancing

Don't forget to check the terms of your mortgage before refinancing to a new loan.

HUD revises the good-faith estimate

In an effort to make it easier to understand the good-faith estimate, HUD has revised the form.

Mortgage rates make modest move down

The benchmark 30-year fixed-rate mortgage fell 5 basis points, to 6.39 percent, according to the Bankrate.com national survey of large lenders.

Rate Trend Index -- Mortgages

Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.

Plan before interest-only loan adjusts

It's important to study all options before the terms change on your interest-only mortgage.

Mortgage prepay better than extra cash

For one couple, prepaying the mortgage may make better sense than saving extra cash.

Mortgage-modification plan offers help

A government plan to help homeowners keep their homes is explained. Who will benefit and who won't?

Beware of preoccupancy agreements

When sellers allow buyers to move in before closing, they're leaving themselves open to fraud, says the Real Estate Adviser.

How to calculate a home's value

A look at national home price/rent ratios over the past few years can tell you if a house is a good buy.

What caused the mortgage mess?

Some people blame a fair-lending law for the mortgage and global financial crisis. Evidence shows otherwise.

Mortgage rates plunge this week

The 30-year fixed-rate mortgage fell 33 basis points, to 6.44 percent, according to the Bankrate.com weekly survey.

Fed rate policy keeping ARM costs low

A homeowner worried about a mortgage rate reset can thank the Fed for keeping costs low, says Dr. Don Taylor.

Selling a time share

Agencies that promise to sell your time share for a high price are likely scams, says the Real Estate Adviser.

Interest Rate Roundup

Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.

Mortgage matches highest rate of the year

The roller coaster ride continues with mortgage rates. This week, they climbed to the highest level in three months.

Video: Reappraising appraisers

Proposed new rules may not solve the problem of appraisers being influenced by lenders.

Buying a model home

There are pros and cons to buying a model home, says the Real Estate Adviser, so reflect on them before signing.

Many places to park down-payment cash

There are many ways to gain interest while saving for a down payment, says Dr. Don Taylor.

Will the federal mortgage plan help you?

The Hope for Homeowners plan will entice hundreds of thousands of homeowners. But who will really be helped?

Mortgage rates drop

The benchmark 30-year fixed-rate mortgage dropped 42 basis points to an average 6.32 percent.

Video: Mortgage reform

Proposed rules by the Fed would require mortgage brokers to be licensed.

McCain and Obama on the mortgage rescue

A look at how McCain and Obama agree and disagree on helping distressed homeowners.

Credit damage may be price of moving on

Sometimes, damaging your credit is the lesser of two evils and necessary so you can move on, says Dr. Don Taylor.

Luring homebuyers with 'sale' prices

Bait-and-switch deals on new houses reflect desperate times for builders, says the Real Estate Adviser.

HELOC activity may affect FICO score

Maxing out a home equity line of credit may impact your FICO score, says Dr. Don Taylor.

Mortgage rates skyrocket

Mortgage rates skyrocketed this week as Wall Street tried to discern the ever-shifting contours of the bailout.

The ins and outs of reverse mortgages

You can tap your home equity without having to repay it as long as you live in the house. But it's an expensive loan.

Video: Which type of mortgage is best?

Whether you're talking first mortgage or last, it really pays to understand loan shopping.

Know rules when buying historic home

Restrictions and expenses often apply for buyers who purchase a home in a historic district.

Home sellers offer a range of incentives

When it comes to incentives for buyers, get cold, hard cash, says the Real Estate Adviser.

What's in the McCain mortgage plan?

Presidential nominee Sen. John McCain proposed spending $300 billion to buy bad mortgages. What impact will it have?

Mortgage rates fall as activity rises

Mortgage rates fell across the board, as people shopping for a new home loan took notice.

Borrowing from family, friends, strangers

Borrowing money from people you know or complete strangers can be better, or worse, than dealing with institutions.

Reaffirming a mortgage in Chapter 7

If a mortgage wasn't reaffirmed, the homeowner can walk away from payments, says the Bankruptcy Adviser.
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About Bankrate.com

Welcome to the Home Finance Center, powered by bankrate.com

Bankrate, Inc. is the Web's leading aggregator of financial rate information. Bankrate's rate data research offering is unique in its depth and breadth. Bankrate continually surveys approximately 4,800 financial institutions in all 50 states in order to provide clear, objective, and unbiased rates to consumers.
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