A 15-year mortgage can save you a lot of money in interest costs, but your monthly payments will be a lot higher than a 30-year loan.So do you bite the bullet or not?.
Is a homeowner's warranty worth the cost? That depends on a number of factors, including the price, what it covers, the reputation of the company and how much you value peace of mind vs.tolerating risk.
How much can you afford to spend on a home? With a bit of careful research, you can avoid overspending and end up with a mortgage payment that won't strain your budget.
If you're nearing the end of the draw period on a home equity line of credit, refinancing into a new HELOC could relieve pressure on your budget and preserve financial flexibility.
Getting rejected on a mortgage application is a setback, but it doesn't necessarily mean you can't get a home loan.Here are some suggestions on how to try again.
Seller financing can help you buy a home, but you'll probably want to refinance into a regular mortgage after a few years when your credit and finances have improved.
Buying a vacation home is a tempting proposition, but presents some special challenges you don't encounter when seeking a mortgage for a primary residence.
With $28,000 in student loan debt when he graduated from college last spring, Patrick O'Keefe took a step that not many students would take when looking to get out of debt: He signed up for a 30-year mortgage to buy a house.
When people need to borrow money, a home equity loan is often their first choice.But there are times when an unsecured personal loan may be the better option.
Many people don't realize it, but it's actually possible to use a reverse mortgage pay off your current home loan so you no longer have to make mortgage payments.