News

More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
From credit cards, car loans, mortgages, savings and student debt, here’s how the Federal Reserve’s interest-rate decision ...
SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...
While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...
The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.
You cannot borrow from an IRA, so you cannot use one as the source of a retirement mortgage. However, you can use assets in ...
Rates on new 30-year loans have fallen two days in a row, pushing the average to its lowest level since early April. Rates have moved lower for other loan types as well.
Dave Ramsey urges homebuyers to take 15-year mortgages to avoid being debt-burdened. But critics say this does not hold true ...
Some of the country's biggest lenders, including JPMorgan Chase, Bank of America Corp. and U.S. Bancorp, said they would make ...
Total household debt levels rose during the second quarter as a growing number of student loan borrowers and some newer home ...
The more strategic you are with your mortgage, the more you can save. But if you're not careful, the largest loan of your ...
Lenders and servicers must determine how quickly to act as some legislators look to enable the move a key regulator has ...