For many borrowers, the 15-year mortgage is appealing at first glance but not after a closer look. Now though, these deals are more attractive than ever, thanks to their unusually low rates compared to the more popular 30-year loans.
With interest rates so low, any retirees looking for a new place to live may find a better deal with a mortgage loan than by paying cash.
Depreciation is a factor in any car purchase decision, but a look at the numbers proves that not all used cars are created equal.
If you own a home and need some cash, the Fed's recent interest rate announcement means that it's a good time to use that equity for a low-interest loan.
Friday's credit downgrade means a new outlook for interest rates, complicating the decision on whether to hold onto an ARM or refinance to a fixed-rate loan to lock in a low interest rate.
Keep your seller-financed mortgage dream from turning into a nightmare by taking the following considerations into account.
Seller financing can help buyers and sellers bypass some of the obstacles in today’s housing market, but from the seller’s perspective, there are risks to consider.
Condos have always been the way to go if you’re looking for a carefree lifestyle, but condo association fees, taxes and insurance costs can end any vacation prematurely. Here’s what you should know.
Home buyers who paid cash and are reeling from buyer’s remorse can now turn to delayed financing, thanks to an all-important rule lifted by Fannie Mae.
Finding the right asking price for your home sale is tricky business, but there are many good reasons to err on the low side.
