What Is Alternative Home Financing?

DEFINITION: Alternative home financing is a great way to pay for a home by paying the home seller rather than a financial institution.  Key Takeaways Alternative financing for a home often comes with higher interest rates and shorter repayment terms than a traditional mortgage. Latinos rely more heavily on alternative household financing than any other … Read more

Current Mortgage Refinance Rates

Best mortgage refinance rates, Compare today’s refinance rates. Updated: September 20, 2022 As of today, September 20, 2022, the average 30-year term mortgage refinances rate is 6.78%; the FHA 30-year fixed is 6.71%; the jumbo 30-year fixed is 5.65%, and the 15-year fixed is 6.11%. The ad rates may be different from the rates you … Read more