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...
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,...
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.