Mortgage

Mortgage rates tumble to 6.61%

The 30-year fixed rate mortgage declined to 6.61%, the most since 1981, after nearly 10 weeks of increases.

Mortgage refinancing dries up

A decline in mortgage rates couldn't boost the refinancing area of the mortgage market. Meanwhile, demand for mortgage applications increased 2.7% from the prior week.

How to make your first mortgage payment

Not sure how to make your first mortgage payment? Find out the common ways homeowners make their payments, plus the consequences if you miss one.