An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed interest rates at their onset, but often become more costly after the rate starts ...

Interest-only mortgages could be set for a comeback as the Financial Conduct Authority (FCA) considers reviewing lending rules to help boost the economy. The mortgage was once "far more popular", said ...

Learn about annuity mortgages, mortgages with regular payments. Understand how they work, their pros and cons, and their role in retirement planning.

Mortgage interest rates plunged to their lowest level in three years in September, and while they've ticked up slightly since the middle of the month, they now enter October at a significantly lower ...

Adjustable-rate mortgages, or ARMs, may sound risky -- after all, your payments can increase or decrease based on interest rates, which are out of your control. However, in some cases, choosing an ARM ...

A 15-year mortgage is the dream home loan for home buyers who can afford the much higher monthly payments and want to shred their mortgage in half the usual time while saving thousands or even tens of ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

When it comes to buying a home, knowing your mortgage options is a crucial part of the process. After all, you need to find a way to secure your future without overstretching your finances, and ...