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 ...

Ultra-long mortgages create the illusion of affordability but lock borrowers into decades of extra interest because leaders ...

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 ...

FIRST-TIME buyers could access up to £25,000 towards their own home, by making use of help schemes. We reveal what is ...

An Ohio man weighing how to spend a sizable bonus is getting a blunt piece of financial advice from Dave Ramsey: Stop the ...

A best bet might be an interest-only payment for the first 10 years, and then the loan balance would be amortized over 40 years.

Last week, the internet piled on President Donald Trump's proposal for a 50-year mortgage. But maybe it's not as crazy as it ...