As the summer rolls on, the best deals on home loans keep getting better.
The lowest rates for a 30-year, fixed-rate loan in the 10 cities we surveyed this month range from 5.125% to 4.875%.
The results are a little better than our July survey, when the range was 5% to 5.25%. They’re a lot better than [...]

The Federal Reserve has revised the disclosure requirements for mortgages to protect consumers from non-refundable fees and higher interest rates.
The new rules — which also apply to home equity loans but not home equity lines of credit — took effect July 30. They require lenders to:

Provide a good faith estimate (GFE) of a mortgage’s full [...]

Comedian John Oliver is standing outside a suburban New York home that’s been on the market since February.
The owner “priced it way too high,” a local real estate agent tells him. “And he didn’t want to take a price reduction. Nobody wanted it.”
“Whoever owns this house clearly knows nothing about finance,” Oliver replies.
“Oh no, [...]

Rates on 30-year fixed loans are stuck just above 5%, which is a pretty good place to be. In many parts of the country you can get a mortgage rate of 5.25% APR or less with no points and fees under $2,000.
That’s not the low 4.50% rate that government officials were throwing around last [...]

Mortgage rates are a little higher than the record lows we saw this spring.
But home loans cost a quarter-point less than they did in June, and there are some very good deals out there.
We searched the extensive database of mortgage rates on Bankrate.com and Interest.com for a dozen cities.
Here’s the lowest rate [...]

Mortgage rates are up a half-point or so from the record lows they set this spring.
But there are still some very good deals out there.
We searched the extensive database of mortgage rates on Bankrate.com and Interest.com for 10 major cities.
Here’s the lowest rate we found for what we consider to be the best [...]

Home equity lines of credit are still the cheapest consumer loans you can get — if you can get one.
Although the national average for a HELOC is 5.62%, in many parts of the country you can get a $30,000 line of credit for 3.25% to 3.75%.
These are adjustable rate loans that typically charge the prime [...]

Is it possible that mortgage rates bottomed out in April and are headed back up from those record lows?
One line of thinking says yes, because the Treasury Department has begun borrowing the staggering amounts of money needed to finance the record federal budget deficit, which is projected to reach $1.84 trillion this fiscal year, or [...]

This is the lowest interest rate we could find in the big databases at Bankrate.com and Interest.com.
With a loan this cheap you’d only pay $500 a month in principal and interest for every $100,000 borrowed. (This mortgage calculator will allow you to determine the monthly payments for any home loan.)
To obtain a [...]