Home Mortgage

What seniors should know about reverse mortgages

Forget downsizing or migrating to warmer weather, an overwhelming number (83 percent) of pre retirees and retirees today say they want to remain in their homes for as long as possible, according to a new survey from The American College of Financial Services.

The 20% Mortgage Down Payment Is Dead

For first-time home buyers, the challenge of coming up with a 20% mortgage down payment is often difficult enough to keep them out of the market. But the fact is,…

US mortgage rates blip higher

Long-term U.S. mortgage rates edged up this week as the benchmark 30-year rate bounced back from a seven-month low.

Long-term mortgage rates rebound

Long-term U.S. mortgage rates rose this week as the benchmark 30-year rate rebounded from a seven-month low, according to mortgage firm Freddie Mac.