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.
Should you lend your kids money to buy a home?
Lending money to your child is risky business. But if you can avoid the personal pitfalls and convince the federal government that this is really a loan, and not a gift, the Bank of Mom and Dad can be a financial boon for everyone in the family.
April 13th 2018
Mortgage rates inch up in April 2018
Current mortgage rates are higher than they were last February. But home loans are still historically low and a little easier to obtain, too.
April 9th 2018
8 critical questions your Loan Estimate will answer
Borrowers are receiving a new form called a Loan Estimate after they apply for a mortgage. It explains the key terms, from interest rates to closing costs, and ensures you're getting the home loan your lender promised.
April 2nd 2018
How much house can you afford?
How much house can you afford? If that's on your mind, you're in good company. Mortgage rates are still historically low, making it a good time to purchase.
March 28th 2018
Will I be happy in a condo?
Before you dive into condo living, you have to make sure it's truly what you want. Use these 9 questions to make sure you'll be happy in a condo.
March 27th 2018
Get your paperwork ready before applying for a mortgage
Here's a checklist of what you'll need and it's extensive — W-2s, pay stubs, bank statements, tax returns, brokerage statements and more. It's never too early to start a file and fill it up.
March 21st 2018
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.
7 big questions your Closing Disclosure can answer
Borrowers applying for a mortgage now get a five-page form designed to make home loans easier to understand before the deal is finalized.
7 mortgage fears that sideline homebuyers
Would you like to buy a home but worry that you'd never qualify for a mortgage? It's time to stop guessing and evaluate your chances to land a loan based on everything from how much you make to your credit score. Believe it or not, the odds are in your favor.
How to win a bidding war
Existing homes continue to be snapped up at a record pace, and competition remains fierce. That's why buyers need a winning strategy to compete for their dream home.