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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.

Beating The Big Banks: How Some U.S. Homeowners Now Get 2.82% Mortgage Rates With No Closing Costs Whatsoever

For the last 11 years, homeowners with ARMs have trounced the market and "beat the Big Banks". Read more about ARM and get today's live mortgage rates.

Current Mortgage Rates Offered In The 3s; Home Values Keep Climbing

Home values are climbing as mortgage rates drop. What's ahead for U.S. housing, plus instant access to today's low rates.

Pending Home Sales Index Posts Second-Best Reading Of 2014; Home Sales Strong Amid Low Mortgage Rates

The summer housing market finished strong, according to the Pending Home Sales Index. Values and demand is high. Analysis plus today's live mortgage rates.

Current Mortgage Rate Forecast For Conv., FHA & VA Loans

Mortgage interest rates are dropping -- again. Analysis of today's mortgage rates and a look at what's ahead. Live mortgage rate quotes available.

Conventional Loans Dominate U.S. Mortgage Market

64% of August home loans were linked to conventional mortgage financing. Find out why, and read about FHA and VA financing, too. Get live mortgage rates.

2014 USDA Loan Income Limits – USDA Eligibility

About the USDA Rural Housing Program (Section 502), including household income limits for 2014. Lookup table by county, plus mortgage rates.

It’s Much Easier To Get A Mortgage; Lenders Removing Investor Overlays

Mortgage lenders are rapidly removing hurdles in a mortgage approval. Analysis and effects, plus a live look at today's low mortgage rates.

100% LTV Mortgages Help Kick-Start Housing Starts, Builder Confidence

Single-family housing starts slipped in August. What it means for the U.S. Housing Market and your plans to buy a home. Mortgage rate quotes available.

Mortgage Rates Resume Falling; 30-Year Falls Back To 4.20%

Waiting to find a mortgage rate in the 3s? Today, you might get it. Analysis of the weekly Freddie Mac survey, plus live mortgage rate quotes.

IRRRL / VA Streamline Refinance Emerges As Popular Refi Choice

The Interest Rate Reduction Refinance Loan (IRRRL) is helping homeowners take advantage of today's low mortgage rates. Analysis and live rate quotes.

Streamline Refinance – FHA Streamline Refinance Guidelines & Rates

Are you FHA Streamline Refinance eligible? Use this easy-to-follow format. This post is updated for changes, including new MIP rate and MIP cancelation policies. Mortgage rates available for download.

New Home Sales Hit 6-Year High; Low Mortgage Rates Aid Buyers

New construction buyers are flooding the market, pressuring home prices higher. Thankfully, mortgage rates are down. Analysis and live rates here.

USDA Home Loans – USDA Loan Rates & Requirements

The USDA Rural Housing mortgage allows 100% financing and is available in most parts of the country. Review qualifications and get rates.

Low Jumbo Mortgage Rates Propel Home Sales Over $500,000

NAR reports strong home sales through August 2014. Luxury housing and jumbo mortgage rates have helped to boost the market. Analysis and live quotes.

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.

Get Your Very Latest Rate Quote Now!