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Looking to buy your first home? Here's why (and how) to get pre-approved for a mortgage

As a first-time buyer, it can be hard to know how much home you can afford. This is why getting pre-approved for a mortgage is important. read more

Should you lock in your mortgage rate before the April Fed meeting?

Are you shopping for a new home? Here's why you may (and may not) want to lock in your rate before the Fed meets. read more

Mortgage applications are down. Here's why buyers may want to act now.

Get pre-approved for a mortgage loan today. It can be easier to buy a home when there are fewer buyers in the market, and that's not just true in terms of getting your offer accepted. Purchasing ... read more

How Long Are Pre-Approved Mortgages Good For?

Jump straight to the answer: Pre-approved mortgages are usually good for up to 90 days. In a competitive market, having mortgage preapproval can help you stand apart from other potential buyers. read more

What is conditional mortgage approval, and what does it mean for your home purchase?

When you’re buying a home, obtaining mortgage approval is a major milestone. However, before your loan is officially approved and cleared to close, you may receive what’s known as conditional approval ... read more

How To Get A Mortgage Pre-approval

A mortgage can be denied after pre-approval if you no longer meet the requirements of the loan. Here are some reasons you might be denied after being pre-approved: Your credit score dropped below ... read more

How Much Does a $100,000 Mortgage Cost?

Discount points: The more points you purchase, the lower your interest rate. To get these, you’ll need to pay more at closing. Each point is equal to 1% of your loan amount. On a $100,000 mortgage, ... read more

Current Mortgage Interest Rates

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ... read more

5 things to avoid if you’re applying for a mortgage (and 3 things you definitely need to do)

A high credit score can significantly help your chances of getting a mortgage, Avevelo told CNBC Select, and a low one can make it harder. Your payment history accounts for 35% of your credit score, ... read more