articles

Websites such as Bankrate and Zillow provide current mortgage interest rates on home loans. The websites post mortgage rates on 30-year fixed, 15-year fixed, 5/1 adjustable rate loans and 30-year jumbo mortgages, accordi... More »

www.reference.com Business & Finance Credit & Lending

The Annual Percentage Rate for mortgage interest is calculated in two steps, according to Bankrate. First, solve for the APR payment amount. This number will be different from the actual payment amount. Next, determine w... More »

www.reference.com Business & Finance Financial Calculations

Mortgage points are also referred to as discount points and are a method of prepaying interest on a home loan, notes BankRate. Each point is the equivalent of one point in interest, so paying points on a mortgage is a go... More »

www.reference.com Business & Finance Credit & Lending
similar articles

Websites such as Bankrate and Mortgage News Daily offer current mortgage interest rates on 30-year and 15-year fixed rate loans, 5/1 adjustable-rate mortgages and 30-year fixed jumbo mortgages, according to each website.... More »

www.reference.com Business & Finance Credit & Lending

With a mortgage, a lender issues money to a buyer for a home purchase in exchange for a guarantee of repayment of principal and interest, according to Bankrate. The loan is issued upfront and the borrower repays it with ... More »

www.reference.com Business & Finance Credit & Lending

Some of the dangers of adjustable mortgage interest rates are rates that can rise over time, causing mortgage payments to rise, according to Bankrate. Adjustable-rate mortgages reset to a new rate after one to seven year... More »

www.reference.com Business & Finance Credit & Lending

Federal Reserve actions affect seven-year mortgage rates by influencing the shape of the yield curve, which tracks the relationship between interest rates that lenders charge for mortgages of varying maturities, explains... More »

www.reference.com Business & Finance Credit & Lending