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13 October 2014
Should you carry a balance on your mortgage loan when you reach retirement age? Or should you do all that you can to pay off that housing debt early, before you leave the workforce?.
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4 September 2014
Buying a brand-new home can be a wonderful thing.You get a home built to your specifications, with a modern design and features, and the expectation of minimal repairs and maintenance for the foreseeable future.
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7 August 2014
A mortgage loan is the most traditional, and probably the smartest way, to buy a home.You're going through a bank for a loan and the monthly payments will be the same for 30 years.
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4 August 2014
Buying a home with a friend, brother or mother can be a wonderful thing, said Paul Purcell, managing director of the New York City office of real estate firm William Raveis Real Estate.But buying a home with someone other than a spouse can also be a disaster.
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22 July 2014
Think you need a large down payment to buy a home? Guess again.According to Freddie Mac, four out of 10 current homebuyers are making down payments of less than 10 percent.
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7 June 2014
Michael Poulos isn't surprised when people turn to credit unions to apply for mortgage loans.
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3 May 2014
Now that the dread Winter of 2014 finally seems to be behind us, the spring homebuying season is upon us.It's the most popular time to buy a home, but also the most competitive.What do you need to do to be ready for it?.
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26 March 2014
It's no secret that to get a mortgage these days, you want to have good credit.However, there are a lot of misconceptions floating around out there about just what sort of things affect your credit score.
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14 February 2014
In a big break for borrowers with damaged credit, mortgage giant Wells Fargo is easing back into the market for subprime loans.
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13 January 2014
Should you buy a home or would you be better off renting? With the economy gradually improving, but mortgage rates and home prices still relatively low, it's a question many potential homebuyers are pondering.
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9 January 2014
The new federal rules for "qualified mortgages" go into effect on Jan.10.But that doesn't mean you're out of luck if you're a borrower who needs a home loan that doesn't meet those guidelines.
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3 January 2014
High-income borrowers obviously have financial advantages when it comes to seeking a mortgage.But they're also more likely to pursue strategies that help them find the best deal, strategies their fellow borrowers might do well to adopt.
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21 December 2013
Keeping your New Year's resolutions is always tough.So if you've resolved to make 2014 the year you become a homeowner, here are four strategies to help you stay on track to keep that resolution.
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22 November 2013
The decision by Senate Democrats to push the button on the "nuclear option" will likely have a significant impact on home loans by clearing the way for two Obama nominees to key posts with major influence over the mortgage markets.
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18 November 2013
Home buyers typically pay closing costs of 2-5 percent of the purchase price of a home, paying an average of $3,700 in fees to lenders and other parties that have a hand in paperwork you may never understand.
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4 November 2013
In trying to get a mortgage when buying a home, there are some home problems that can be overcome by a handyman - leaking pipes, broken doors and water stains on walls, for example.
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11 October 2013
Getting a preapproval has long been considered the first step in lining up a mortgage to buy a home.But like so many other things in the housing market these days, that's increasingly not the case.
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12 August 2013
Applications for mortgage refinancing[[sitetree_link,id=13]] have been dwindling as rates have risen in recent months.But if you haven't been able to refinance yet, those higher rates might represent an opportunity.
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7 August 2013
When you're about to purchase a property, the biggest continuing cost is your mortgage.Taking out a secured loan involves a huge amount of money and the loan also pledges your home as collateral to the loan.
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12 June 2013
The number of homeowners with underwater mortgages continues to fall, with another 850,000 mortgages returning to positive equity in the first quarter of the year.
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