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HARP Mortgage Rates & Eligibility Lists By State

You may be eligible for the Home Affordable Refinance Program (HARP) and not know it. Find out more plus today's live HARP mortgage rates.

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.

Current Mortgage Rates Dropping For FICO Scores Of 580+

Lenders are lowering credit score requirements. Read more on today's minimum required FICO scores, and get a live mortgage rate quote.

Pending Home Sales Index Jumps 3.3% Amid Low Mortgage Rates, Strong Demand

National Association of Realtors® uses contract data to forecast a strong August and September for housing. Analysis plus today's live mortgage rates.

Mortgage Rates Hit New Low After Freddie Mac Survey Shows 4.10%

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.

Condo Mortgage Rates & Analysis – FHA, VA, Conv.

Is it better to buy a condo or a single-family home? Track values in key U.S. cities and get today's live condo mortgage rates.

Home Buyers: Get Approved For A “Quick Closing” On Your Mortgage

As today's mortgage rates drop, lenders are requiring 38 days to close purchase loans, on average. Tips for a speedier closing, plus today's live rates.

With Current Mortgage Rates In The 3s, Home Values Hit 6-Year Best

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

New Home Sales Drop Despite Falling Mortgage Rates; National Supply Reaches 6.0 Months

Current mortgage rates have boosted sales of newly-built homes, but builders may be temporarily over-built. What it means for buyers, plus live rate quotes.

Today’s Jumbo Mortgage Rates Boosting Luxury Home Sales

Home sales have moved their highest point of 2014. Luxury housing and low, jumbo mortgage rates have helped to boost the market. Analysis and live quotes.

Today’s Refinance Options: FHA, VA, HARP and Conventional Loans

Mortgage rates are a 14-month best and U.S. home values are rising. A review of today's refinance programs, plus live mortgage rate quotes.

New FICO Scoring Model Raises Your Credit Scores

A new FICO credit scoring model will raise borrower credit scores. Analysis of the changes, plus today's live mortgage rates.

VA Mortgage Rates Lowest Of All Today’s Mortgage Rates

Loans guaranteed by the Department of Veterans Affairs carry today's lowest mortgage rates. Analysis, plus information on how to apply for a VA loan.

ARM Mortgage Rates Reach The 2s; Reasons To Consider Adjustable-Rate Mortgages

Mortgage rates drop to a 14-month low and rates for ARM are below 3 percent. Analysis of the adjustable-rate mortgage, and instant mortgage rate quotes.

VA Loan FAQ: 10 Common Questions About 100% Mortgages

When U.S. home buyers discover they might be VA loan-eligible, they want to know about how the program works, and whether mortgage rates really *are* lower. Here are 10 common VA loan questions, with answers.

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!