Credit union vs. bank mortgage: How to choose Credit union vs. bank mortgage: How to choose · bankrate_626 Andrew Dehan Fri, July 31, 2026 at 11:29 AM EDT 7 min read Key takeaways Credit unions may offer lower mortgage rates and fees, but often require pe... See more
Private mortgage insurance (PMI): What it is and how it works Key takeaways - Private mortgage insurance (PMI) is an extra fee for conventional mortgage borrowers putting down less than 20%. - The amount you’ll pay for PMI depends on your loan and down pa... See more
Adjustable-rate mortgages: What they are and how they work Key takeaways - An adjustable-rate mortgage, or ARM, has an interest rate that’s fixed for an introductory period — often three to ten years — and then may adjust up or down for the rest of the te... See more
Mortgage rate history: 1972 to 2026 Key takeaways - As of July 9, 2026, the average rate for a 30-year, fixed loan was 6.49% — up from the beginning of the year, and only a touch lower than the 2025 average of 6.66%. - Over the past four decades, the 30-y... See more
