Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Mortgage borrowers ask lenders a lot of questions, and the first usually is: What's your rate? Whether they plan to purchase a home or refinance an existing mortgage, borrowers' chief concern is how ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

The Federal Reserve has signaled it will likely cut interest rates later this month, beginning the descent from a record-high level that has crimped banks' earnings for two years. Although it's ...

Interest rates are being cut again and mortgage interest rates are hovering near their lowest level in three years. So it would be understandable if homebuyers are ready to get off the sidelines and ...