Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.34%. On a 20-year mortgage refinance, the ...

Homeowners consider refinancing for lower rates, lower monthly payments, debt consolidation, or better loan terms. Refinancing can save money, improve cash flow, and eliminate mortgage insurance costs ...

Mortgage brokers act as go-betweens for homebuyers and lenders, matching borrowers with the right loans. Brokers can find and offer borrowers various options, including unconventional loans and loans ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. LaylaBird / Getty Images Lenders ...

Nonbanks have made quite the comeback over the past decade. In the aftermath of the 2008 financial crisis, nonbanks originated only 12% of mortgage loans nationwide. By 2021, they were back on top, ...

When it comes to financing your mortgage, trying to navigate the labyrinth of lenders can get confusing. Like any significant financial transaction, there are advantages and disadvantages that come ...

Mortgage brokers act as go-betweens for homebuyers and lenders, matching borrowers with financing providers. Brokers can find and offer borrowers various options, including unconventional loans and ...

Rising closing costs and home prices are adding financial strain for many homebuyers. Although lenders across the US are cautiously pulling back operations, independent brokerages continue to hold a ...

Fillis and Gascho make the move to NEO, finding the freedom and support that surpasses traditional broker models. After years of building successful businesses within the broker channel, Fillis and ...

Although lenders across the US are cautiously pulling back operations, independent brokerages continue to hold a substantial share of the mortgage market despite rising interest rates. A mortgage ...