Mortgage rates on 30-year loans have once again fallen below 4 percent, creating opportunities for those looking to buy a home or refinance their current mortgage.Here's a look at some of the opportunities - as well as a few downsides to look out for.
Having trouble getting the mortgage you want because of credit problems or irregular income? Or because conventional mortgages don't offer the features you're looking for, like interest-only payments or a balloon term? Then a non-QM loan might be right for you.
The TALC, or Total Annual Loan Costs form, is the disclosure form on a reverse mortgage that plays a similar role that the Good Faith Estimate and Truth in Lending form do with a regular home loan.Here's how it works.
Struggling to pay off your credit cards or other debts with high interest rates? If you have enough equity in your home, a cash-out refinance might be the answer.
Electricity, gas, water, maintenance and other costs of running a house can be expensive, especially if you own an older home that needs updating.But a few home improvement projects can often pay for themselves over time.
You're looking for a home loan, and your options include a direct lender and a mortgage broker.So what's the difference and which is the better option for you?.
A historic home offers beauty and a chance to own a piece of history, but will likely cost more to keep running than a modern home, while local regulations may limit what types of work can be done on it.
Online mortgage lending is becoming increasingly common and can offer lower rates and greater convenience for many borrowers, though those with particular needs may still need to work with a lender in person.
With a zero-down payment option and attractive rates, there's plenty to like about VA loans, but are they always the best home loan choice for veterans?.
Don't have enough money to buy your first home? Or want to build equity quickly? One option for entering the housing market is to “house hack” and buy a multi-unit home to rent out to tenants and charge them enough to cover the mortgage, or close to it.
First-time homebuyers can take advantage of any number of federal, state and local homebuyer assistance programs -- which are sometimes available to former homeowners as well.
When buying a home, your real estate agent is supposed to look out for your best interests, but if you're not careful you could find yourself with an agent who represents both you and the seller.
As 2018 taxes come due on April 15, homeowners will find that the tax benefits of owning a home and paying down a mortgage still exist, but only up to new limits that have been set by the tax law.
Trying to figure out what your new mortgage payment might be? It can be more complicated than you might think, with taxes and other costs on top of your base payments for mortgage interest and loan principle.
When exactly, is the best time to refinance your mortgage? It all depends on your situation and reason for refinancing.Here are eight reasons to refinance, starting with the most obvious one.
is it worth it to scrape together a 20 percent down payment just to avoid PMI? The answer to that is complicated, but the sooner you get into a home, the faster you can start building equity.
