The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.82% from 6.77%; Applications for a mortgage to

Congress passed a bill creating a new partial claim program for veterans who have fallen behind on mortgage payments.

Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.

FICO (NYSE: FICO), global analytics software leader, today released a new white paper revealing that FICO® Score 10 T – the company’s most predictive and inclusive credit scoring model to date – overwhelmingly outperforms VantageScore 4.

Mortgage delinquencies are rising across the U.S., especially in southern states like Florida, Georgia, and South Carolina, a study by Cotality found. Escrow payments have surged – up 62% in the last 5 years – likely due to rising property taxes and insurance premiums.

The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of mortgage is a conventional loan with a 15-year fixed interest rate.

Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate cut in July.

A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.