Rising mortgage rates and home prices present a challenge, but there are steps you can take to keeps costs in check and get the most for your money when buying a home.
While borrowers tend to focus on the mortgage rate, understanding what the APR means will often provide a better indication of the overall cost of a loan.
Reverse mortgages are growing in popularity due to the rapidly growing senior demographic group, but some critics argue their costs outweigh their benefits.
Applying for a mortgage loan can take tons of paperwork, time and,money, but with a little planning, you can overcome those obstacles and make the process go smoothly.
A "green" home equity loan can not only make your home more energy efficient, but can also increase its value while making it more comfortable as well.
Finding the best rate and deal on a mortgage can be a challenge - how do you compare all those competing offers out there? However, a new online tool unveiled this week by the Consumer Financial Protection Bureau (CFPB) tries to make it a bit easier.
There appears to be a consensus building that the Federal Reserve will announce further steps to scale back its economic stimulus efforts at the conclusion of this week's meeting on Wednesday.
Mortgage rates are down sharply following the agreement to end the federal government shutdown, easing fears that a default could damage the nation's credit rating.
Mortgage applications for both home purchases and refinances fell last week, with refinancing dropping to its lowest share of total activity in 10 months.
Mortgage refinancing activity hit its highest level since early August last week, as mortgage rates dropped to new historic lows, the Mortgage Banker Association (MBA) has reported.
The sharp jump in mortgage rates last week put a scare into fence-sitters who've been thinking about buying a home or refinancing their mortgage.Fortunately, they eased back down again this week but the question remains: how long can mortgage rates remain this low?.
Mortgage rates surged this past week, ending months of lethargy and sending interest rates on 30-year fixed-rate loans above 4 percent for the first time since October.
The two sides of the mortgage market have been headed in opposite directions lately, with applications for home purchase mortgages increasing even as refinance demand has declined.
Understanding mortgage rates can be frustrating.Maybe you've been shopping around for the lowest mortgage rate and are wondering why no one will quote you the rates you've seen advertised or read about in the news.