Currently, the average interest rate on a 30-year fixed mortgage is 6.91%, compared to 6.92% a week ago, according to the ...

Many lenders closely follow underwriting guidelines issued by Fannie Mae and Freddie Mac, the two government-sponsored ...

Many believe a 20% down payment is needed to buy a home, but lower down payments are possible with options like FHA and VA loans, although PMI may apply.

PFS Financing Corp. is kicking off the new year by issuing two ABS offerings simultaneously that will securitize a revolving ...

The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...

About 8 million federal student loan borrowers had hopes of smaller monthly payments and lower lifetime costs when the Biden administration rolled out the Saving on a Valuable Education (SAVE) ...

"Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace," the ...

The payment pause has stalled forgiveness efforts and left some borrowers scrambling to other income-driven repayment plans. I've worked in the student loan industry for over 15 years, and I've ...

With a term loan, you’ll get a lump sum of cash and then pay the loan off through regular payments. With working capital loans, payments may be more frequent than monthly. When you apply for ...

It replaced a similar plan called REPAYE. The SAVE Plan offers more generous terms than other student loan payment plans. It raises the minimum applicable income and helps cover interest ...

A debt consolidation loan can help streamline your higher-interest debt bills into one payment, ideally at a lower interest rate. Taking the time to research lenders and get quotes can help you ...