The interest rate your lender gives you isn't the true cost of your mortgage. Learn how to calculate your effective interest rate, including any discount points.

That cost gets reflected in the APR, but there's a big difference between, say, an APR of 7% that requires paying $10,000 to buy points versus an APR of 7% that does not require upfront costs.

While other mortgage rates sites show rates being quoted to borrowers with top credit profiles, the HousingWire Mortgage Rates Center shows actual locked rates with borrowers of all credit ...

Explore the current 15-year mortgage rates, plus how to get the best rate for your needs and whether a 15- or 30-year mortgage is right for you.

Forbes Advisor's Mortgage Calculator uses home price, down payment and other loan details to give you an estimate calculation on your monthly mortgage payments.

CrossCountry Mortgage boasts it can close most home loans in as little as 21 days, about half the time lenders usually take. It also accepts alternative forms of credit for specific loan products.

The APR, or annual percentage rate, on a personal loan lets you compare apples-to-apples costs across loans and credit products. Learn how to find the cheapest option.

A jumbo mortgage is usually for amounts over the conforming loan limit, which can change each year. In 2024, this limit is $766,550 for most parts of the U.S. and $1,149,825 for high-cost areas.

Services PMI ® In June, the Services PMI ® registered 50.8 percent, a 0.9-percentage point increase compared to the May reading of 49.9 percent. A reading above 50 percent indicates the services ...

One discount point equals 1% of the mortgage amount and may reduce the loan amount by 0.125% to 0.25%. For example, two points on a $200,000 mortgage are 2% of the loan amount, or $4,000.