Articles

Homeowners who are falling behind in their mortgage payments are not necessarily getting turned over to collections. Instead, there are other options available to avoid foreclosure.

Mortgage rates are at record lows, but so are home sales. What are the reasons for that happening?

The day you pay off your mortgage is an exciting day. So why would you want to put that off? Here are some reasons not to.

Are you having problems trying to save up money for a down payment on your home loan? There may be a new program to help you out!

If you have bad credit, you may not qualify for a mortgage on your own. But will it help to have a cosigner?

If you are not experienced in the mortgage industry, you may not know the difference between some of the more common mortgage terms. Here is a brief discussion of the differences between a variable rate mortgage and a fixed rate mortgage.

While savers are suffering, mortgage borrowers have never seen rates so low.

Average 30-year mortgage rates dropped to 4.60% according to BestCashCow/Informa data. That's down from 4.66% and a 2010 high of 5.20% in early April. Fifteen year mortgages rates are close to breaking into the 3% range and now stands at 4% even. Data from the National Bureau of Economic Research indicates that the 30-year fixed hasn't been this low since the 1950s.

Have you been considering getting a reverse mortgage? Here are some tips and pieces of information to help you determine if one is right for you.

One of the federal government's new plans is designed to help about 4 million troubled homeowners. Do you know if you qualify for it?