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Should You Refinance With 30-Year Mortgage Rates At 3.80%?

Mortgage rates dropped to their lowest point in 82 weeks this week. Will rates drop more? Should you refinance? Get analysis and instant rate quotes.

Mortgage Rates Today – Home Loan Rates & Trends

Current mortgage rates and mortgage market movement. Today's mortgage rates and mortgage news. Live rate quotes available. News and data provided by MBSQuoteline, a real-time mortgage market data service available to loan officers, real estate agents, and other finance professionals.

New 30-Year Mortgage Rates After The Fed’s December Meeting

Mortgage rates are changing after the Federal Reserve's December 2014 meeting. What rate should you expect from your lender? Analysis and live quotes here.

5 Types Of Homeowners Who Should Refinance Immediately

Mortgage rates are near their lowest in 19 months. How low can rates go, and can you get a zero-closing cost refinance? Read more and get a live quote here.

Mortgage Rates Have Bottomed, Say 96% Of U.S. Consumers

U.S. consumers expect mortgage interest rates to rise in 2015. Are they right? What's ahead for housing and mortgage, plus access to today's live rates.

A Mortgage Rate Locking Strategy For This Week’s FOMC Meeting

The Fed adjourns from a 2-day meeting Wednesday. The Fed doesn't set your mortgage rates but it influences them. Consider locking in now -- before rates rise.

Can Consumers Predict Where Home Values Will Go In 2015?

In today's housing market, is it better to be a buyer or a seller? Read more on the Fannie Mae National Housing Survey, and get today's live rates.

Mortgage Rate Forecast: Can 30-Year Rates Fall Again This Week?

Mortgage rates fell last week and have returned to May 2013 levels. What's ahead for this week's market? Market analysis, plus today's live rates.

FHA Loans For Home Buyers: How It Works & What To Do

There's an FHA loan for just about anyone. Read about FHA loans, how to get one, and where to access to today's live FHA mortgage rates.

When Home Prices Keep Rising, When’s The Best Time To Buy A Home?

Home affordability fell to a 6-year worst last quarter despite ultra-low mortgage rates. With home values rising, what should buyers do? Analysis and live mortgage rate quotes.

Mortgage Rates Rise To 3.93%; California & Washington Rates Lowest By Far

Mortgage interest rates remain below 4 percent. Millions of U.S. homeowners now eligible to refinance. Analysis plus today's live rates.

How To Boost Your FICO Score Before Buying Your Next Home

Take steps to boost your FICO score before applying for your next mortgage. Better scores mean lower mortgage rates and better terms. Today's rates, too.

Fannie Mae’s New 97% LTV Mortgage Loan Requires Just 3% Down

Another low-downpayment option is available to today's home buyers. The 97% LTV program can be used to refinance, too. Q&A plus access to live rate quotes.

Co-Signing A Mortgage Loan : Instructions, Plus Tips To Protect Borrowers And Co-Borrowers

/VIDEO/ Learn the proper way to co-sign a mortgage. Protect yourself and your co-borrower(s). Instructions, and today's live mortgage rates.

Low VA Mortgage Rates Spur Loan Surge For Veterans

Low VA mortgage rates, 100% financing, and common-sense standards have helped to push loans made to U.S. veterans to a 19-year high. Analysis and live mortgage rates.

Looking for low mortgage rates today? You're not alone. Millions of U.S. consumers shop for mortgage rates annually. Some get the lowest mortgage rates available and others overpay.

Shopping for a mortgage can be a challenge. This is because mortgage rates change all day, every day. Plus, there's no formula to show where rates will go next.

Mortgage rates can change up to 5 times daily, reacting to world news, economic events, and Wall Street sentiment. The rates you see from a lender in the morning are rarely the same rates that you'll see in the afternoon. And, certainly, by the next morning, mortgage rates have changed again.

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As mortgage rates have dropped since 2009, tens of millions of U.S. homeowners have refinanced their homes. To "refinance" is to replace your current mortgage with a new one -- often one with a lower mortgage rate.

Refinances come in three main varieties -- the cash-out refinance, the cash-in refinance, and the rate-and-term refinance.

With a cash-out refinance, a homeowner converts home equity into cash, with no restrictions on how the cash is used. Some homeowners use cash-out mortgages to pay for home repairs; or, to pay for a college or post-graduate education; or, to fund downpayments for a future home purchase.

Cash-in refinances are the opposite of cash-out refinances. With cash-in refinances, homeowners lower the amount owed on the home -- often to eliminate mortgage insurance or to get access to lower mortgage rates. Less than 5 percent of all refinances are of the cash-in variety.

The most common refinance type, then, is the rate-and-term refinance.

In a rate-and-term refinance, the homeowner lowers its loan's current mortgage rate; shortens its loan's term (i.e. length in years); or, does both. An example of a rate-and-term refinance is lowering your mortgage rate from 6% to 4%.

Rate-and-term refinances are available for all loan types, and some versions are "branded", as with the FHA Streamline Refinance and VA Streamline Refinance (IRRRL) programs. The Home Affordable Refinance Program (HARP) is also a rate-and-term refinance program.

At today's mortgage rates, the typical refinancing homeowner can reduce monthly payments by one-fourth.

Banks are making it easier to get approved for a mortgage today, which is great news for US. home buyers. Low- and no-downpayment mortgages are more abundant than during any period in the last 10 years; and, mortgage rates today are lower than they've been in history.

For buyers with a budget and a plan, buying a home has never been easier.

Home shoppers who want to make the smallest downpayment possible have access to the VA loan and the USDA loan -- both of which allow for 100% financing. Backed by the Department of Veterans Affairs and the U.S. Department of Agriculture, respectively, these programs require no downpayment whatsoever and provide flexible approval standards for eligible buyers.

Today's buyers also have access the FHA mortgage which requires just 3.5% down. The FHA is the world's largest insurer of mortgage loans and mortgage rates for FHA mortgages rival the mortgage rates offered on conventional loans backed by Fannie Mae or Freddie Mac.

Meanwhile, for buyers making a downpayment of twenty percent or more, mortgage options are plentiful, including access to construction loans for financing home improvements.

First-time buyers, repeat buyers, and real estate investors are benefiting from today's low mortgage rates and access to a wide array of products.