CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.

These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.

Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...

During fourth-quarter earnings calls, bank leaders said they don't expect borrower demand to pick up until the second half of ...

Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

President Donald Trump issued a memo ordering a freezing of federal funds. After lawsuits and a federal judge issuing an ...

The White House budget office rescinded a memo ordering a broad freeze on federal grants and loans after Republican senators ...

“Without rate locks, borrowers would not know the final terms of their loan until the very end of the process.” A mortgage rate lock can reduce financial uncertainty in the home purchase ...

Foreclosure filings fell 10%, easing to a three-year low in 2024, a sign that the housing market may be stabilizing after several years of challenging conditions.