Andrea Riquier

New York—if you can make it here, you’ll make it anywhere. But if you need a mortgage to make it to New York, you’ll first need to calculate how much a home loan will cost you, including the interest rate. Here are the latest home loan rate trends to help you buy a home in the state of New York,

Rates for home loans jumped this week as financial markets and consumer sentiment remain choppy. The increase follows a slight reprieve last week, when mortgage rates fell below 5% for the first time in months. The 30-year, fixed-rate mortgage averaged 5.22% for the week ending August 11, up

If you’ve built up some equity in your home, a cash-out refinance could be an option to access cash when you need it, such as to remodel your home or consolidate debt. This type of refinance pays off and replaces your existing mortgage with a larger loan, and you’ll receive the difference to use how

A home equity line of credit (HELOC) is a revolving loan that allows homeowners to use the equity in their home as collateral. HELOCs are loans that allow you to borrow against your home’s equity—the current market value of your home minus your remaining mortgage balance. When you get a HELOC, yo

Rates for home loans slipped slightly this week, as concerns about slowing economic growth cast a shadow over the housing and financial markets. The 30-year, fixed-rate mortgage averaged 5.30% for the week ending July 28, down from 5.54% in the previous week, according to Freddie Mac. A year

The average rate on a 30-year fixed mortgage is 5.78, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.95. On a 30-year jumbo mortgage, the average rate is 5.78, and the average rate on a 5/1 ARM is 4.31. Related: Compare Current Mortgage Rates 30-Year Fixed Mortg

If you’re thinking about refinancing your mortgage, it’s a good idea to keep an eye on interest rates as they can fluctuate day by day. It’s also important to weigh your refinancing options. For example, you might consider a conventional 10-year fixed loan. Having a fixed rate means your rate and pa

Compare current adjustable-rate mortgage (ARM) rates to find the best rate for you. Lock in your rate today and see how much you can save. Current ARM Rates Today’s current ARM rates are as follows: 10/1 ARM: % today vs. % last week 7/1 ARM: % today vs. % last week 5/1 ARM: % today vs

Rates for home loans were little changed this week, a sliver of good news for many home shoppers exhausted by the high cost of housing and limited supply. The 30-year, fixed-rate mortgage averaged 5.09% in the week ending June 2, according to Freddie Mac. That’s down just one basis point—one

Find out if a 30-year fixed-rate mortgage is the right type of home loan for you and compare current rates for 30-year mortgages. Current 30-Year Mortgage Rates Today’s average rate on a 30-year fixed mortgage is % compared to the % average rate a week earlier. The 52-week high for a 30-yea

Aaron Farmer, a Realtor at Texas Discount Realty, saw last winter as a perfect time to list a property, with prices at an all-time high and bidding wars fetching offers far above asking prices. Little did he know what he was in for. Farmer listed a south Austin condo at $359,900 for a client, and

Liquidity stress is getting scary across swaths of the financial markets, but ETFs might be providing a buffer against more violent swings and steeper losses.

A chart of the median size of newly-constructed homes shows that the current housing cycle has peaked, though it doesn’t say when the housing market will...

The amount of mortgage debt outstanding has fallen as fewer homes are bought, more Americans refinance, and older mortgages mean more principal is paid down.