Mortgages generally fall into two categories: fixed-rate deals (which guarantee your rate for a set number of years), and variable rate deals (where your rate can go up or down depending on economic ...

If you're among the millions of Americans who locked in a mortgage interest rate above 7%, you may have a chance to reduce ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year. The form also ...

By the way, if you’re adamant that rates will drop and you want your floating-rate mortgage payment to fall, too, the mortgage you want is called an adjustable-rate mortgage. Mortgage brokers have the ...

explained in a statement. Kan added “lower rates and higher inventory levels” are “giving prospective buyers more options compared to earlier in the year.” Lower mortgage rates and higher ...