The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, down just barely from 6.75% last week.

Under VASP, the VA purchased delinquent loans from holders and became the primary loan servicer, providing borrowers a stable payment plan at a fixed rate of 2.5% for the remainder of their loan ...

Not all mortgages are created equal. Learn the pros, cons and ideal use cases for today’s most popular home loans, so you can shop with confidence.

The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The average rate dropped to 5.87% from 5.92% last week. A year ago, it was 6.07%, Freddie Mac said.

USDA loans are mortgages backed or funded by the U.S. Department of Agriculture. Also called USDA rural development loans or rural housing loans, USDA home loans feature low or no down payments