Mortgages
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Mortgage rate history: 1970s to 2024
Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising…
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7 tips to save for a down payment while living paycheck to paycheck
Key takeaways Thirty-four percent of American workers say they’re living paycheck to paycheck, according to a Bankrate survey. That tight…
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What is a down payment?
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
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Can active military get a VA loan?
Key takeaways Active-duty military members are eligible for VA home loans after serving for 90 straight days (181 days during…
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Types of mortgage lenders and how to choose
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
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Is doing a VA cash-out refinance a good idea? Here’s what to know
Key takeaways It can be worthwhile to tap into your home equity using a VA cash-out refinance for the right…
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Pros and cons of an adjustable-rate mortgage (ARM)
Key takeaways An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed…
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Mortgage points: What are they and how do they work?
Key takeaways Mortgage points are upfront fees you can pay your mortgage lender in exchange for a lower interest rate.…
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Best mortgage lenders for bad credit in 2024
If your credit needs work, that doesn’t necessarily mean you won’t qualify for a mortgage. There are lenders and loan…
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Which states have the richest homeowners?
Homeownership has never been more valuable in the U.S. Americans’ collective home equity hit record highs in the first quarter…
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