Tips for Buying Foreclosed Properties
Despite increases in home prices and a stabilizing housing market, many experts say the foreclosure crisis is far from over.
Government Extends Mortgage Refinance Program
Seven years after the height of the housing bust, South Floridians still "underwater" on their mortgages could qualify to refinance under a government program that touts an average statewide savings of nearly $200 a month.
What You Need to Know About Applying for Home Loan
Put yourself in a mortgage lender's shoes: Before giving someone a big loan, wouldn't you want to know a lot about them?
ABCs of Interest Rates on Home Loans
The largest financial transaction most homeowners undertake is their home mortgage, yet very few fully understand how mortgages are priced.
Determining Reverse Mortgage Eligibility
A recent change added two steps to the process of obtaining a reverse mortgage.
Deciding About Getting a Reverse Mortgage
Many senior homeowners are attracted to the idea of using a reverse mortgage to draw additional funds but are so fearful of making a costly mistake involving their house, or being taken advantage of by loan providers, that they are immobilized and do nothing.
Ready to Refinance Your Mortgage?
If you took out a mortgage with a 7.5 percent interest rate in 1994 and still have it, refinancing in a 3.5 percent market is a no-brainer; you don't need much analysis to know that refinancing into today's rates will pay.
How Large Prepayments Impact Mortgage Payments
On home mortgages, a large payment to principal reduces the loan balance and with it the fully-amortizing monthly payment, or FAMP.
Rent v Own 2.0
Ah, the momentous choices. It seems that American citizens through history are always being asked to pick sides.
Reverse Mortgages on High-Priced Homes
As a federally insured reverse mortgage program under the Federal Housing Administration, the home-equity conversion mortgage program is not designed to help the wealthy.