Mortgage Refinance Rates on Jul. 17, 2025
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A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
Lower mortgage rates may motivate more people to buy houses, but it will take a bigger drop in borrowing costs to create more home sellers and lead to lower home prices, economists said.
July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
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Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.
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Longtime Trump political foe, Sen. Adam Schiff, was referred to the Department of Justice to face criminal prosecution over alleged mortgage fraud that reportedly stretches back years.
Silvio Tavares, VantageScore CEO, joins 'The Exchange' to discuss the credit scoring services from FICO and VantageScore, how it impacts consumers and mortgage lending.
A reverse mortgage can be a powerful way to supplement Social Security income and give your retirement budget a little more flexibility. Whether you're looking to cover essential expenses, pay for medical care or want to strategically delay claiming Social Security, tapping into your home equity might help you live more comfortably in retirement.
As property taxes and homeowner insurance premiums continue rising, homeowners are struggling to keep up with their mortgage payments.