Two New Consumer Guides Available
New NAR Consumer Guides help customers understand market conditions and explore financial programs that assist with purchasing or keeping a home.
Mortgage Rates Edge Higher This Week
The average rate on 30-year mortgages rose to 6.89% from 6.86% last week, while borrowing costs on 15-year mortgages rose to 6.03% from 6.01%.
Mortgages After a Disaster: What to Expect
If a home is destroyed, the mortgage remains. Owners must notify the lender and decide whether to rebuild or pay off the loan.