The FOMC is creating a divide among the nation's savers and debtors with the first interest rate hike in nearly a decade.
The Federal Reserve Board is expected to raise interest rates soon, but what does that really mean? Learn what affect the rate hike will have on your loans.
Interest-only mortgages played a huge role in the financial crisis, and after disappearing for a few years, these loans are available again (sort of).
Before moving into a cheaper house, there are some things you can do to cut that big mortgage obligation.
As of October 1, the TILA-RESPA Integrated Disclosure Rule (TRID) requires lenders to provide consumers with more detailed rate and fee information, and to give them more time to review it before closing.
Are Fannie Mae and Freddie Mac relapsing with lenient lending initiatives?
If you are age 55 or older and plan to retire in a decade or so, you need to evaluate your retirement funds and your desire to pay off your mortgage before signing that refinance application.
Learn why American homeowners are leaving thousands of dollars on the table by not refinancing when the time is right.
Refinancing your home can be a difficult task under any conditions, but with a low appraisal value, it is especially challenging. If you have a low appraisal value that makes refinancing difficult, what can you do about it? You do have a few options to consider.
Paying for college? A refi, home equity loan and financial aid are among your options.
The answer to the common question, "does a mortgage refinance make sense?" largely depends on your goals for your new mortgage and how long you plan to stay in your home.
Refinancing can be a great way to help save you money, but it’s important to consider the costs and benefits of refinancing before you make such a large decision.
A professor says many forces should help keep mortgage rates in check next year.
If you have a vacation home or investment property with an older, expensive mortgage, consider a refinance so you can take advantage of historically low mortgage rates.
Foreclosure activity is down year-over-year, but the 15% month-over-month increase in foreclosure filings is the biggest monthly jump since March 2010
The interest rate pendulum has swung in favor of homeowners again.
A recasting of a home equity line of credit or HELOC isn’t something that should sneak up on you, but it does.
Refinancing a mortgage might make sense if you want to shed PMI payments.
Refinancing your credit card or student loan debt can be a wise move -- unless one of these downsides sours the deal.
Billions of dollars in home equity lines of credit are coming due, and it’s creating anxiety in the marketplace.