Recently a client of my was told by his credit union that he “should not pay any points” on the new mortgage he was taking out to buy a home. The reason the credit union suggested the client not pay points was that it added too much to the cost to the loan. It is [...]

Mortgage applications bounced back last week after nearly a month in the doldrums when the number of applications fell to a seven-month low.

Higher interest rates put the brakes on mortgage refinancing this week, according to Freddie Mac.