If you're in the market for a “jumbo” mortgage, paying discount points upfront could be a great deal.
Mortgage rates are at record lows, but borrowers are increasingly likely to have mortgage applications denied as lenders fear defaults.
Mortgage rates are so low that home loans seem like bargains, but paying off your mortgage early often remains a savvy money move.
Amid the extreme turbulence in financial markets and in people’s everyday lives, the plunge in interest rates that has accompanied the coronavirus pandemic is providing some relief to borrowers.
Here’s how to decide whether sunken mortgage rates make it worthwhile to refinance your home loan.
Some mortgage lenders offer $0 origination fees or speedy process, but the loan terms may not be the most attractive.
What if you could take out a loan on your home and not pay it back until you sell your home? That’s what some finance companies have begun to offer.
Adjustable-rate mortgages are gaining popularity. But consider the hazards carefully before signing up for one.
Here’s what retirees and people nearing retirement need to know to not only get approved for a mortgage, but to get an attractive rate as well.
More than one in five home-buyers regret their choice of mortgage lender. Many borrow from the first lender that offers…
Applying for a mortgage has become a lot safer than it used to be thanks to consumer protections instituted after…
New federal regulations weeded out some of the shadier lenders in the reverse mortgage business—but it still pays to be…
For years, people age 62 or older who have paid off their mortgages have been able to use reverse mortgages…
Home buyers, watch out! Financial institutions are rolling out a new generation of hybrid adjustable-rate mortgages (ARMs) with very attractive…
No more foreclosure for widows and widowers whose spouses took out reverse mortgages (which allow home owners who are age…
