You’ve likely seen the term APR when shopping for a car loan or credit card. Short for annual percentage rate, APR gives you an idea of how much it’s going to cost you to borrow money. Knowing how to ...

APR stands for annual percentage rate and represents the full annual cost of borrowing money for a mortgage, including interest and additional fees. APR is a more accurate representation of the ...

Jackie Lam is a contributor for CNET Money. A personal finance writer for over 8 years, she covers money management, insurance, investing, banking and personal stories. An AFC® accredited financial ...

Assuming a 3.5% down payment and excluding tax and insurance, the typical payment at today’s 6.35% mortgage rate on a ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation) — Homeownership feels out of ...

The rate on a 30-year fixed refinance slipped to 6.3% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.21%. On a 20-year mortgage refinance, the ...

Mortgage rates fell for the first time in weeks, but interest rates remain near the highest level in nearly two decades, costing potential homebuyers thousands. Mortgage buyer Freddie Mac said ...

Refinancing your mortgage includes expenses like closing costs, just as your original mortgage did. Opting for a ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.