The 5 least expensive states to close on a home

mortgage Mortgage » Closing Costs » Matthew Crowley Photography/Getty Images 5 least expensive states for closing Which 5 states had the least expensive mortgage closing costs in the nation in 2016? Find out. Bankrate.com conducted its exclusive 2016 survey of closing costs in the largest city in each state, plus Washington, D.C. See which states […]
Using a reverse mortgage to pay off your first mortgage

mortgage iStock.com/SolStock Is using a reverse mortgage to pay off a traditional mortgage a wise move for older homeowners? Reverse mortgages have gained a bad reputation over the years, but they can be a useful financial tool for seniors when used appropriately, says David Johnson, associate professor of finance at the Maryville University in St. […]
Find out how your state compares for mortgage closing costs
Inti St Clair/Getty Images Closing costs ranked by state How does your state compare when it comes to mortgage closing costs? Find out in this state-by-state ranking, which goes from the most expensive to the least expensive. Bankrate.com conducted its exclusive 2016 survey of closing costs in the largest city in each state, plus Washington, […]
Mortgage rates for Tuesday, August 9

Mortgage rates rose today. The average rate on 30-year fixed mortgages rose, the average rate on 15-year mortgages rose and the average rate on 5/1 ARMs rose. Rates on mortgages change daily, but overall, they are at near record lows. If you’re in the market to purchase or refinance, it’s a great time to lock […]
Home equity rates for Tuesday, August 9

Home equity rates fell today. The average rate on a 30K home equity loan fell, the average rate on a 50K home equity loan fell and the average rate on a 30K FICO-based HELOC fell. Home equity rates may fluctuate, but it’s important to remember that they are currently around historic lows. If home improvement […]
Refinance rates for Tuesday, August 9

Terry Vine/Getty Images Refinance rates are mixed today. The average rate on 30-year fixed refinances rose, the average rate on 15-year refinances fell and the average rate on 10-year refinances rose. While rates on mortgage refinances change daily, overall, they are currently near historical lows. Be sure to shop around for the best refinance rates. […]
Wells Fargo rates and news for Tuesday, August 9

Riley Arthur/Bankrate Wells Fargo’s rates are staying competitive on mortgages, auto loans and credit cards. Overall, rates on loans are historically low. Those seeking a loan will find it’s a good time to be in the market. Wells Fargo mortgage rates The rate on a 30-year fixed-rate loan from Wells Fargo is 3.625%, around a […]
Colorado closing costs
mortgage Mortgage » Closing Costs » United States » Loan amount: $200,000 Colorado closing costs Average origination fees charged by lenders $1,192 Average third-party fees $719 Average origination plus third-party fees $1,910 Itemized fee averagesBelow are listed the averages for fees. Added up, they do not equal the averages listed above. That’s because each lender […]
Alaska closing costs
mortgage Mortgage » Closing Costs » United States » Loan amount: $200,000 Alaska closing costs Average origination fees charged by lenders $935 Average third-party fees $922 Average origination plus third-party fees $1,857 Itemized fee averagesBelow are listed the averages for fees. Added up, they do not equal the averages listed above. That’s because each lender […]
Arizona closing costs
mortgage Mortgage » Closing Costs » United States » Loan amount: $200,000 Arizona closing costs Average origination fees charged by lenders $1,208 Average third-party fees $761 Average origination plus third-party fees $1,969 Itemized fee averagesBelow are listed the averages for fees. Added up, they do not equal the averages listed above. That’s because each lender […]