Closing costs are fees charged by the lender at the closing of a real estate transaction. On average, closing costs for the buyer range between 2% and 4% of the price of a property. Find average closing costs in your state.
Find out what a mortgage loan originator does. Bankrate explains.
Take-out loan is an important financial term. Bankrate explains what it means.
An inspection report is important to many buyers of property. Bankrate explains what it is.
Closing statement is an important term to understand. Bankrate explains it.
A no-closing-cost mortgage may not be what it seems.
There is no reason to rush into refinancing a mortgage right now, says Dr. Don Taylor.
When it comes to real estate agent commissions, you get what you pay for, says Real Estate Adviser.
Putting too much down on a house can reduce your financial flexibility, says Dr. Don Taylor.
A homeowner’s circumstances determine whether or not an interest-only loan makes sense, says Dr. Don Taylor.
A homeowner counting on CD yields to pay the mortgage is right to worry, says Dr. Don Taylor.
A smaller down payment makes sense if it gives you greater financial flexibility, says Dr. Don Taylor.
Be careful when trying to eliminate a ‘bad’ loan, says Dr. Don Taylor, as some moves make bad-loan status worse.
Refinancing at a lower interest rate sometimes can trigger higher long-term costs, says Dr. Don Taylor.
Lower housing prices and sinking mortgage rates mean now is a good time to buy or rent, says Dr. Don Taylor.