Mortgages

Latest Articles

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  Reverse mortgage: What it is and how it works

  These home equity loans can be a source of cash for seniors, albeit a costly one.

  14 min read Dec 08, 2023
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  How your mortgage affects your credit score

  Does it ding it? Increase it? It can do both. Here’s what to expect.

  6 min read Dec 07, 2023
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  30-year mortgage rates keep falling, creep back toward 7%

  Here’s what happened to mortgage rates last week, and why.

  4 min read Dec 06, 2023
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  What is a fixed-rate mortgage and how does it work?

  It’s America’s favorite home loan by far. But is it the best choice for you?

  6 min read Dec 05, 2023
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  Does refinancing a mortgage hurt your credit?

  Yes, it can ding it, sometimes dramatically. But there are ways to minimize the drop.

  8 min read Dec 05, 2023
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  What is an alienation clause?

  It’s the reason your mortgage lender gets paid back first from your home sale’s proceeds.

  5 min read Dec 05, 2023
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  What is the $25,000 Downpayment Toward Equity Act?

  Learn more about a proposed $25,000 grant for first-time homebuyers.

  3 min read Dec 05, 2023
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  Mortgage interest deduction: What you need to know for tax filing

  The mortgage interest deduction allows you to reduce your taxable income.

  8 min read Dec 05, 2023
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  Jumbo vs. conventional loans: What’s the difference?

  Eyeing a high-priced home? Opting for a jumbo loan may be a necessity.

  4 min read Dec 05, 2023
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  Mortgage application questions and how to prepare

  The Uniform Residential Loan Application includes the following sections.

  7 min read Dec 04, 2023