The adjustable rate mortgage is good for people with relatively short time frames.
For underwater homeowners and many who want to help them, there is a Holy Grail: principal reduction. But will the government make this idea a reality?
An underwhelming jobs report has some investors skittish about the economy, but what does it mean for interest rates?
Many car owners are choosing to refinance to benefit from today’s unexpectedly low auto loan rates, but there are a number of issues to consider before you sign ...
While retirement can be a great time to enjoy the later years of life, there are several traps to watch out for to guarantee your money lasts.
With mortgage rates at record lows, many are wondering whether it’s an opportune time to refinance again. Here’s a look at the pros and cons of the decision.
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A new calculator on The Mortgage Professor site incorporates the latest underwriting rules from Fannie Mae, Freddie Mac and the Federal Housing Administration to ...
About 4 million homeowners who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed.
A new government report spells out what’s wrong with the Home Affordable Modification Program, the government’s signature housing relief program.
The revamped program offers the banks a major incentive: If they grant a homeowner a new loan, they will no longer be on the hook to buy back the previous loan, ...

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