Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.

High-cost areas such as L.A., Orange and San Diego counties receive a second-tier loan limit, named high-balance or jumbo ...

Effective 1st October, banks can reduce the spread charged on a loan earlier than three years. Customers can benefit faster ...

More lenders are approving home equity loans without traditional appraisals, cutting weeks off the process. Here's how ...

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 ...

Using your retirement corpus to fast-track your home purchase or close a loan can make sense in some cases – but only if you ...

Get expert answers to critical personal finance questions, including the legalities of paying EMIs for a sibling’s home loan ...

Those “congratulations, you’re pre-approved” messages can feel flattering and tempting. But behind the easy money is a proper ...

Say your home is worth $400,000. Lenders will typically allow you to borrow between $320,000 to $340,000, including your ...

If youve been paying your home loan for a few years, youve likely noticed that a large portion of your EMI initially goes ...

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 ...

Choosing between a 10-, 20- or 30-year home loan can dramatically alter your EMI and total interest. A 20-year tenure remains the most balanced for most borrowers, while shorter tenures suit high ...