The current average mortgage rate on a 30-year fixed mortgage is 6.15%, the same as a week earlier, according to the Mortgage ...

After you submit your mortgage application, the lender will begin the underwriting process to decide whether they'll approve or deny the loan. You can expect the underwriting process to take anywhere ...

Some people taking out a home loan and purchasing flood insurance could face delays during the U.S. government shutdown.

If you're planning to refinance your home this fall, you may not need as much of a rate reduction as you think.

Q: I’m thinking about starting to look for a house. My friends tell me I should get “prequalified” for a mortgage first. My real estate agent says I should get “preapproved” for a mortgage first. Is ...

When a mortgage lender evaluates a borrower’s application for a mortgage and the home that will be used as collateral and approves or rejects the loan request, the process is called underwriting.

According to research from LendingTree, “sole” women now account for 21.9% of potential homebuyers as of 2024. However, systemic barriers are keeping a number of women from catching up to the data for ...

The median credit score of successful mortgage applicants last year was 759, or "very good" on the FICO scale. Only 10% of mortgage borrowers had credit scores under 647, according to the Federal ...

Are you a risky bet for a home loan? Your underwriter will help a lender decide whether or not to approve your application. Mandy Sleight is a freelance writer and has been an insurance agent since ...

As of September 2025, mortgage rates have dropped the lowest they’ve been in almost a year, which is causing prospective homebuyers to take a second look. If you’ve never applied for a home loan, ...

Given mortgage rates have fallen to historic lows, it's a pretty good time to apply for a home loan. But what if you go through the motions only to have your application rejected? If you can't seem to ...