Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home's value and pay that amount back in monthly installments.

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week.

Financial advisors can help clients look beyond mortgage payments when considering affordability and their capability to cover financial obligations long-term.

You'll need to do a bit of planning and research to get the best mortgage rates in Connecticut. Current interest rates and trends can vary widely across different regions, so start by understanding what to expect in your area.

The Trump administration has another idea to make housing more affordable: Let homeowners take their mortgage rate with them when they move.

The new idea of portable mortgages would allow homeowners to transfer their current mortgage rate from one home to another.