BankRate - Articles

Scary Money Stories: When Houses Haunt Your Finances

Getty Images Many of the scariest money troubles have to do with real estate. A misstep managing home-related finances can mean having to move back in with Mom... or worse. Come hear some of our readers' most spine-tingling tales of financial woe -- and find out what you can do if it happens to you. The Money Pit In the... Continue Reading »

Risky Adjustable-Rate Mortgages Are Starting to Make a Big Comeback

Getty Images The dramatic rise in interest rates that has occurred over the past two months has had a big impact on the mortgage-loan market. Rates on standard 30-year mortgages have gone from below 3.5 percent as recently as late April to well above 4.5 percent currently, according to Bankrate, significantly increasing... Continue Reading »

Mortgage Rates Sink to 5-Month Low

Just in time for the spring buying season, mortgage rates have fallen to their lowest level in five months, according to a lender survey released this week. This marks the fourth straight week in which mortgage rates have dropped. The benchmark for conforming 30-year fixed rate mortgages fell to 4.88 percent, down from... Continue Reading »

Mortgage Closing Fees Surge: How to Keep Yours Low

A recent report suggests closing costs on mortgages are skyrocketing, with direct bank fees up nearly 23 percent and third-party fees up more than 47 percent. First, the sort-of good news. The survey isn't measuring actual fees levied on completed mortgages; instead it measures the so-called good-faith estimates of fees... Continue Reading »

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