One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to buy "discount points" to lower your interest rate.
30-year fixed rate mortgage rates made new, all-time lows once again this week.
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
Conforming mortgage rates continue to drop.
After a brief surge north 4 percent last month, mortgage rates have settled back near their lowest levels of all-time.
After a brief run-up two weeks ago, mortgage rates are back below 4 percent.
Mortgage rates have troughed. Or, so it seems.
In this back-to-basics interview, you'll learn some mortgage planning basics to help you get smarter with your next home loan -- purchase or refinance.
Mortgage rates may be dropping, but mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May.