Jumbo mortgage lending picked up appreciably in 2012 and is expected to grow even more in 2013, offering better deals for borrowers buying high-end houses.
The largest set of fees associated with any mortgage are what's known as points, which can -- and do -- affect the interest rate on your loan.
If your dream home is already under contract, you can submit a backup offer which would be next in line if the primary offer falls through.
Refinancing your 30-year mortgage into a 15-year loan might mean a higher monthly payment, but it will allow you to save thousands on interest and pay off your mortgage much sooner.
While the FHA has designed the streamline refinance to be quick and simple, there are still a set of specific requirements that must be met, so it pays to shop around.
Here are 5 strategies to help you shop for the lowest closing costs in order to avoid sticker shock at the closing table.
Frustrated by the slow and sometimes unfruitful process of selling their homes the traditional way, more homeowners have taken to selling their homes in a rather unconventional way: at auction.
Although home prices are up in some areas, many real estate agents, homeowners and homebuyers alike are frustrated that appraisals aren't keeping pace.
Potential homebuyers without a credit score or only a few sources of credit can still apply for a mortgage, but it won't be easy.
Several disturbing trends have emerged prompting some experts to advise older homeowners to think twice before considering a reverse mortgage.