Pros. Principal balance is reduced relatively rapidly compared with longer-term loans. The 15-year fixed-rate loan permits you to own your home debt-free in half the time, and for less than half the ...

Fixed-rate HELOCs are the talk of the town lately among home equity lenders and industry insiders. Home equity isn’t the flashiest corner of consumer finance, so it’s noteworthy when a buzzy new trend ...

Thirty-year mortgage rates fell to a one-month low today. The current average mortgage rate on a 30-year fixed mortgage is 6.19%, compared to 6.25% a week earlier, according to the Mortgage ...