The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points. When ...

The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage points in the last week to 6.17%, according to ...

An interest rate is an amount a lender charges you to borrow money. It’s always expressed as a percentage — such as 4% or 6.2%. You pay interest as either a fixed rate that stays the same for the ...

Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.34%. On a 20-year mortgage refinance, 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 ...

Meredith Dietz is Lifehacker’s Senior Staff Writer. She earned her bachelor’s degree in English and Communications from Northeastern University, where she graduated as valedictorian of her college.