On Oct. 28, the Federal Reserve voted to keep the benchmark interest rates where they were, according to a statement from the Board of Governors of the Federal Reserve System. The decision was made after a 10-2 vote.

Mortgage rates fell for a second straight week, with the average 30-year fixed rate declining to 7.24%.The pullback offers modest savings, but borrowing co

The Fed held the federal funds rate steady in October. Find out how its decision could affect mortgage rates and what homeowners and buyers should know.

The average rate on a 30-year fixed mortgage is 7.24%, Freddie Mac data showed.

The Freddie Mac 30-year fixed mortgage rate continued its descent this week, dropping eight basis points to 7.24% as the Federal Reserve opted to hold its benchmark rate steady in its latest meeting.

Builders are using mortgage rate buydowns to attract buyers. Here's how temporary buydowns work, which lenders allow them and key trade-offs.

Hello, this is Miyamagi.I am a former bank employee who spent about five years in charge of mortgage loan screening.This is the second installment of the series 'Mortgage Loans from a Bank's Perspective'.