Mortgage interest rates represent the cost you pay to borrow money from a lender to purchase a home. Expressed as a percentage of the loan amount, this rate is added to the principal of your loan and paid back in your monthly payments.

Late payments can make mortgage approval more challenging, but they don’t always mean a dead end.

Divorce and what it means for your mortgage.

While credit score changes don’t always require a new pull, they can still impact your loan.