Combining a repayment and interest-only mortgags could become more popular as part of a push towards more flexible lending

Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.09%, down 1.52% from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by going with a 15-year fixed mortgage,

There's another Federal Reserve meeting on the calendar this month, but will mortgage rates fall once it's over?

For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes saved between $600 and $1200 annually compared to people who refinanced their mortgages from their current lender. Over the lifetime of your mortgage, this number can add up to substantial savings.

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's ...

Nonprofit financial counseling agency says 90% more people reaching out year over year. New statistics released by Money Management International (MMI), a nonprofit financial counseling provider, show a 90% increase in the number of clients seeking ...

Christy Bieber has been a personal finance and legal writer since 2008. She has been published by WSJ Buy Side, Forbes Advisor, Miami Herald, CNN Underscored, Insurify, Credit Karma, USA Today, MSN Money, Yahoo Finance, Fox Business, MoneyWise, and more.

Mortgage brokers act as go-betweens for homebuyers and lenders, matching borrowers with the right loans. Brokers can find and offer borrowers various options, including unconventional loans and loans from banks that don’t directly work with the public.

Trump's plan has already pushed mortgage rates down, but industry experts say they're skeptical of a long-term impact on housing affordability.

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