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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.

Current Mortgage Rates Have Millions Of Homeowners “In The Money”

Millions of U.S. homeowners are in the money to refinance, including more than 722,000 households specifically identified by the government. Analysis and access to today's low rates.

Today’s Common Mortgage Programs Which Don’t Require 20% Downpayment From Home Buyers

There are plenty of low- and zero-downpayment mortgages for today's home buyers. Analysis of the program, updated for 2014 and Q1 2015; plus, live rate quotes.

Ask These 6 Mortgage Questions Before Buying A Home

Long before you actually buy a home, you start to THINK about actually buying a home. The questions to ask, plus today's live mortgage rates.

Mortgage Pre-Approval: Tips To Get Your Purchase Loan Approved Faster

Mortgage pre-approval letters are powerful tools for today's competitive home buyers. Learn how to expedite your approval and make a better offer. Mortgage rates available at no cost whatsoever.

Today’s Jumbo Mortgage Rates Help To Propel Home Sales Over $500,000

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

As 30-Year Mortgage Rates Drop To 3.99%, 5 Groups Who Should Refinance

Mortgage rates are near their lowest in 18 months. How low can rates go, and can you get a zero-closing cost refinance? Read more and get a live quote here.

With Mortgage Rates Low, Home Sales Burst To 2014 High; “Seller’s Market” Continues

Home sales are rising nationwide, boosted by luxury homes, low-downpayment buyers, and ultra-low mortgage rates. Analysis, plus live rate quotes.

Mortgage 101: What It Is, Getting Approved, & Today’s Mortgage Rates

Brief, simple-to-understand explanation of a mortgage and how to get approved. Real-life examples included, plus access to instant rate quotes.

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

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

When 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.

Homebuilder Confidence Climbs Near 8-Year Best; Low Mortgage Rates Boost Demand For Homes

Homebuilder confidence soars. New construction buyers lose negotiation leverage. Analysis of the market, plus access to live mortgage 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.

Current 30-Year Mortgage Rates Vs 5-Year ARM Rates

Mortgage rates continue to drop. Are ARMs a better deal than fixed-rate mortgages? Analysis and live mortgage rates for comparison quotes.

Mortgage Rate Outlook: Will 30-Year Rates Fall Beneath 4%?

Mortgage rates fell last week and now hover just above 4%. What's ahead for this week's market? Have rates bottomed? Analysis, plus today's live 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.