Mortgages
Get smart answers to all your mortgage questions. Find out how much house you can afford, see today's mortgage rates, learn how to choose the right lender and more.
Mortgage tools
Getting started with a mortgage lender
Our Mortgage Partners
Do the math
Pre-qualification & pre-approval
How do mortgage rates work?
8:00
![Video preview image](https://i.ytimg.com/vi_webp/gNFXYamFc1w/sddefault.webp)
Mortgage rates explained
Mortgage interest rates are constantly changing, and if you're trying to watch and wait for the 'right' time to jump on a deal, you're likely going to be frustrated. Homebuying is a lengthy process at the best of times, and it's also very personal. A generic interest rate you might see advertised isn't customized to your situation, and it probably won't be the same by the time you're actually applying for a mortgage. Plus it's subject to change based on things that have nothing to do with you.
In this video, NerdWallet's Kate Wood breaks down everything you need to know about mortgage rates and shares tips to get the best rate possible.
Leverage your equity
HELOC Calculator
by NerdWallet
If you have at least 15% equity in your home, you may be able to qualify for a home equity line of credit.
Best HELOC Lenders of 2024
by Taylor Getler
Home Equity Loan Calculator
by Holden Lewis
Our calculator estimates the maximum amount you’re likely to qualify for, along with your monthly payments.
How to Get a Home Equity Loan If You Have Bad Credit
by Taylor Getler
Getting a home equity loan with bad credit generally requires you to have low monthly debts, a credit score of 620 or higher, and a home value of 20% more than you owe.
Best Mortgage Refinance Lenders
by Kate Wood
Best Cash-Out Refinance Lenders of 2024
by Kate Wood