Mortgages
Latest
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Mortgage Nightmare: Firm Made $2.3B in Illegal Home Payments, Affecting 500K Customers
The CFPB fined ACI millions of dollars for harming mortgage customers during a failed payments test.
By Ben Demers Published
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Home Down Payments Shrink Amid Affordability Squeeze
Home buyers are putting down smaller down payments as housing costs and interest rates rise.
By Adam Shell Published
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Buyers More Confident Home Prices Will Go Down, New Survey Finds
Consumers are feeling optimistic about home prices, according to Fannie Mae’s latest poll, but why?
By Vaishali Varu Published
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Demand for Vacation Homes Plummets
Between high mortgages and return-to-office plans, there's less interest in vacation homes, a new report says.
By Adam Shell Published
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Tap Home Equity for Retirement Income
If you're looking for extra retirement income, it's worth checking close to home. We look at four ways to use your home equity as a source of regular income.
By Rivan V. Stinson Last updated
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How a Home Equity Line of Credit (HELOC) Works
You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.
By Emma Patch Published
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Millennials No Longer the Largest Generation of Homebuyers
The latest study from the National Association of Realtors finds that millennials are no longer the largest generation of homebuyers, and have been overtaken by baby boomers.
By Erin Bendig Published
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3% Mortgage Rates: Gift of a Lifetime or Low-Rate House Arrest?
A homeowner planning to relocate or downsize might find the higher costs related to higher mortgage rates too much of a hurdle to clear. What are their options?
By Adam Jordan, CIMA®, AAMS® Published
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Mortgage Denials Spike Among Seniors. Here's How to Boost Your Approval Chances
A new mortgage study shows that older Americans, especially those over 70, aren’t being paranoid about increased mortgage loan denials.
By Ben Demers Published