Sole Ownership

Home-loan rates crept higher during this past week on a robust jobs data report, and multiple signs suggest that not much change is likely in the next mortgage rate report. A 2-basis-point increase from the prior week left 30-year fixed rates...

Before the financial crisis, many mortgage contracts contained a provision stating that borrowers who paid off their loan early had to pay a penalty. Prepayment penalties were usually expressed as a percent of the outstanding balance at time of...

A surge in third-party fees was behind an increase in average closing costs on residential loans. The Aloha State had the most expensive loans. Closing costs on a hypothetical $200,000 loan to finance a U.S. home purchase with a 20 percent down...

Mortgage rates turned lower this past week and could see a further decline next week unless tomorrow's jobs report turns out strong. Thirty-year fixed rates averaged 3.43 percent in Freddie Mac's Primary Mortgage Market Survey for the week that...

In line with interest rates in general as of late, the monthly 11th District Cost of Funds Index turned modestly lower. COFI, which is utilized as an index for a small share of adjustable-rate mortgages, landed at 0.69 percent in June. That was up...

Although the underlying yield on the one-year Treasury note has been lower lately, the Monthly Treasury Average still moved higher. As of July 2016, the MTA was was 0.50750 percent based on a Mortgage Daily analysis of Federal Reserve Board data....