President Trump said he would direct mortgage backers Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds, a move he said would lower rates and payments.

The rate on a 30-year fixed refinance rose to 6.22% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.32%. On a 20-year mortgage refinance, the average rate is 6.

A smart refinance can save you thousands, but only if you know how to avoid costly pitfalls, calculate true savings and choose the right loan for your goals.

TL;DR: Rates remain in the same 6% range that they've occupied for weeks. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations,

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.18%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.34%, and the average rate on a 30-year jumbo mortgage is 6.

Mortgage rates held steady near 6.3% as pending home sales rose 3.3% in November, with affordability improving for eight months.

Learn about the types of loans available before beginning your home search Written By Written by Contributor, Buy Side Kim Porter is contributor to Buy Side from WSK and expert on mortgages, student loans and debt management. Edited By Written by Staff ...

This profile has not been claimed by the company. See reviews below to learn more or submit your own review. Prosperity Home Mortgage (NMLS #75164) is a full-service mortgage company. It’s been in business since 2006, making it a relative newcomer in the ...

As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both draw from the same source — the value of your home — they work very differently. Each has its own advantages and trade-offs, and depending on a senior's circumstances, one may be far more beneficial than the other next year.

Take your real estate business to the next level with TRD Data access. A one-stop resource that provides exclusive access to proprietary data and contacts for real estate companies and leading industry professionals.

US President Donald Trump is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, a move he cast as his latest effort to bring down housing costs ahead of the November midterm election.