Mortgage loan origination is the process your lender goes through to establish your loan after you apply for a mortgage. When you close on your loan, you’ll pay a mortgage origination fee, often equal ...

The current average mortgage rate on a 30-year fixed mortgage is 6.18%, compared to 6.16% a week earlier, according to the ...

As of January 2, 2026, the average mortgage interest rate on a 30-year fixed mortgage is 5.99%, while the average rate on a ...

A second mortgage unlocks home equity at a low interest rate, but it also comes with a second payment and higher qualification standards Written By Written by Contributor, Buy Side Alene Laney is a ...

"Mortgage interest rates went down before the Fed cut rates in September but went up after," says Ali Wolf, chief economist ...

Lenders typically prefer a front-end DTI of 28% or less and a back-end DTI of 36% or less Written By Written by Contributor, Buy Side Daria Uhlig is a contributor to Buy Side and expert on mortgages ...

Find out how affordable your home equity borrowing options are now.

Home equity is the percentage of your home you own outright, as opposed to the amount you still owe on a mortgage. If you made a 10% down payment, you'd start with 10% equity and increase from there ...

Here's a guide to what to say to the mortgage lender, complete with sample sentences. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not ...

With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...

Of the many thorny issues that need to be worked out in a divorce, how to handle your shared mortgage is a big one. Some divorcing couples may simply agree to sell their home, divide the proceeds and ...