Interest rate

The rate charged for the use of money, most often expressed as a percentage and an annualized figure. In consumer loans, it’s the rate charged to consumers who want to borrow. In deposits, it’s the rate offered by an institution that wants to use a consumer’s money.

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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.

Build Equity Faster With An 8-Year Mortgage

It works like an enforced savings plan with a big payoff -- owning your home free and clear.

Should You Pay Extra on Your Mortgage?

Paying down debt is always a good idea. It will reduce the amount you pay in interest and shorten the length of your loan. But it might not be the wisest use of your money until you've done these three things.

3 free ways to pay your mortgage faster

Paying extra on your mortgage can shave years off your home loan and save tens of thousands of dollars in interest charges. Here's how to get all of the benefits of paying off your mortgage more quickly without wasting hundreds of dollars a year on an accelerated payment plan.