Home Mortgage

7 Tips to Secure the Best Mortgage

Even though interest rates continue to hover at the lower end of the spectrum, shopping for a mortgage is still a tricky process, especially if you’re doing it for the first time.

Most Homebuyers Don't See This Cost Coming...

Most Homebuyers Don't See This Cost Coming: PMI -- private mortgage insurance -- can add significantly to your house payment, but lots of people fail to budget for it, a survey shows.

Pulling the Brake on Home Price Acceleration

Asking home prices rose 8% in May compared with a year ago--the slowest rate in 13 months. That's welcome news for buyers who have been pushed out by the 20% increase some markets had been experiencing.

Fear of Rejection is Keeping Homebuyers on Sidelines

No one likes to be rejected, and that’s what’s keeping potential buyers out of the housing market, and that’s bad news for the housing market that’s desperately seeking buyers, particularly first-time buyers.  

How to Get Rid of Mortgage Insurance

Mortgage insurance is designed to protect the lender in case of default, but that doesn't mean you have to pay it for the entire term of your mortgage.