Home Equity Loan Rate

We look at what a Democratic Congress will mean to mortgage rates and the efforts to legislate predatory lending and closing procedure reform.

Many of us don’t know when to call for help, it’s easier if you’re aware of the warning signs.

A fall in wholesale prices helped push the 30-year fixed rate to 6.24 percent in Bankrate’s weekly survey of large lenders.

The 30-year fixed has dropped to its lowest average rate since the end of January and the Consumer Price Index fell 0.5 percent in October.

The October Consumer Price Index was released this morning. Inflation barometers are still reading a bit higher than the Fed would like but the economy is heading in the right direction.