When to Accelerate Mortgage Paydown
We are allocating $600 a month to savings. Should we pay down our 4 percent mortgage or put the savings into our retirement account?
Understanding Reverse Mortgage Options
As you near retirement, you may foresee a need for more money in the golden years than your savings can handle.
International Concerns Pull Down US Mortgage Rates
Worries over the Greek debt crisis and the swooning Chinese stock market made it a bit cheaper to get a mortgage this week.
Homebuyers Jump to Action as Rates Rise
After renting a two-bedroom unit for four years in a Pittsburgh suburb, Andy and Sarah Hadad decided the time had come to invest in a home where they could raise their 3-year-old daughter and build equity for their future.
Reverse Mortgages After Death of Homeowner
As more seniors turn to reverse mortgages, their adult children might be puzzled or concerned about what will happen to that debt when their parents die.
How to Best Utilize Mortgage Shopping Websites
Buyers who need a mortgage to purchase a home are less likely to use the Internet to find one than are existing owners looking to refinance, yet the benefits of online shopping are just as large if not larger for homebuyers.
Options for Early Mortgage Paydown
The 30-year fixed-rate mortgage is a great instrument that has made home ownership possible for millions of consumers, but none of them like the idea of being in debt for 30 years. Those who like it the least and have the poorest understanding of how mortgage amortization works are vulnerable to payoff scam artists, who keep popping up with allegedly easy ways to pay down the balance faster.
Mortgage Rates Up as Real Estate Strengthens
Mortgage rates are looking stable amid an improving housing market, with Freddie Mac's latest survey showing that lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.02 percent, up from 4 percent a week ago.
Study Critical of Reverse Mortgage Advertising
No advertisement tells the full story about a product or service.
Homebuyers Race to Beat Jump in Interest Rates
After renting a two-bedroom unit for four years at the Nineteen North Apartments on Route 19 in McCandless, Pennsylvania, Andy and Sarah Hadad decided the time had come to invest in a home where they could raise their 3-year-old daughter and build equity for their future.