Mortgage - Buying your first home?
Home Financing, Mortgage advice and information.
Determine the monthly payments for any fixed-rate loan. Just enter the amount and terms, and our mortgage calculator does the rest.
How much house can you afford?
You don't want to be house poor, saddled with mortgage payments that gobble up too much of your paycheck. Here's how to find the price range that's right for you.
February 28th 2015
4 smart moves to challenge a home appraisal
A low home appraisal causes a home sale to fall through about 9% of the time. Be smart about challenging an appraisal you think misses the mark.
February 25th 2015
8 smart moves for buying a foreclosure
Foreclosure deals are out there. But they're not as easy to find as they were a few years ago. And you still need to avoid all of the costly pitfalls that can turn any repossessed home into a burden, not a bargain.
February 23rd 2015
Get your paperwork ready before applying for a mortgage
Here's a checklist of what you'll need and it's extensive — W2s, pay stubs, bank statements, tax returns, brokerage statements and more. It's never too early to start a file and fill it up.
February 21st 2015
What you need to know about private mortgage insurance
if you don't make a 20% down payment you'll be required to carry private mortgage insurance, or PMI, Although you're the one who must pay monthly premiums for this coverage, it protects the lender, not you, if you fail to make the payments and must be foreclosed on.
February 20th 2015
4 smart moves for buying a short sale
Although the number of short sales has fallen, they remain plentiful in some states and you can still find some serious bargains -- the major reason any buyer messes with the arduous short-sale process.
February 15th 2015
How to save on closing costs
You’ve scouted out the best mortgage rate and fought hard to get the best price on your new home. But your bargaining shouldn’t stop there. Here's how you can save on everything from settlement fees to title insurance.
February 8th 2015
February mortgage rates fall to 20-month low
Home loans have been falling, defying expectations that they would become more expensive as the Federal Reserve ended its campaign to drive down long-term interest rates. That's a great trend for anyone buying or refinancing a home.
February 7th 2015
How to tell if mortgage points are worth the cost
Paying points to get a lower rate on a mortgage is almost always a losing proposition. That’s because most homeowners don’t keep their mortgages long enough to do more than recoup the up-front cost .
February 5th 2015
8 questions Good Faith Estimates should answer
Your Good Faith Estimate summarizes the key terms of your home loan, from interest rates to closing costs. Use it to make sure you're getting the mortgage you've been promised and avoid any nasty surprises before you sign on the dotted line.
February 2nd 2015