Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.
Some mortgage rate scenarios are more likely to occur than others next year. Here's what borrowers can do in each.
Interest-only mortgages allow borrowers to pay just the interest on their mortgage for a set period of time. Read on to learn more.
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...
Your Home Loan interest rate not only determines the amount of your monthly instalment but also affects the total cost of ...
Your guide to what Trump’s second term means for Washington, business and the world The writer is the former chair of the ...
Still, the number of Americans turning to these riskier loans has climbed sharply. The share of homebuyers using ARM loans has more than tripled over the past five years, according to the Mortgage ...
The banking regulator will impose restrictions on home loans from early next year to limit the number of "high-risk" large ...
Trump's team has been exploring new ideas to make homebuying cheaper — from 50-year loans to assumable mortgages. Here's what ...
Markets are predicting a Fed rate cut in December, but its impact on mortgage rates is far from certain. Here’s what house ...
MORTGAGE holders are being warned about online notes that act like a “golden ticket” to wipe debts. The Financial Conduct ...
Proposed 50 year mortgages may cut monthly costs but raise interest paid and limit equity for buyers, with legal hurdles ahead.