Homebuyers are increasingly choosing online mortgage lenders: Between 2013 and 2023, online lenders and other non-bank institutions more than doubled their share of the mortgage market, from 24% to 55 ...

Banking has changed a lot over the last century. In the early 1900s, institutions like building and loan associations and mutual savings banks rose to popularity in towns across the United States.

In a housing market that features high mortgage rates and home prices, comparing loan products from several different lenders ...

Securing financing for a home is among the most significant financial decisions you'll ever make. After all, the mortgage lender you choose has an impact not only on your monthly payment, but also on ...

Affordability should be a top concern when shopping for a mortgage loan. You can find that with a bank or a credit union. You can, and should, get multiple mortgage preapproval offers. These can come ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

Better's new "Better Forever" program lets repeat customers avoid origination fees on refinance loans. Incentives like this can save loyal borrowers money on fees, but other loan costs could offset ...

The internet has been a godsend in many ways, getting a home loan being one of them. Unlike in the past when borrowers had to visit the lender's physical offices in person, today, you can easily and ...

If you took out a mortgage between 2022 and 2024, and your rate is higher than you would like — this could be your sign to refinance. On Dec. 10, the Federal Reserve announced a Federal Funds Rate cut ...

Your credit score helps determine if you’ll qualify for a loan and what interest rate you’ll get. For mortgages, which are the biggest loans most people will take out, the score can translate to ...