The homeowner who filed the suit claims he now owes over $160,000 in fees on a second mortgage, which was discharged in 2007.

A reverse mortgage can offer seniors access to the funds they need, but there are borrowing restrictions to know.

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

Your mortgage statement is a document that includes key details about your loan. You’ll receive a statement from your lender ...

Understanding Balloon Payments. A balloon payment is a payment at the end of a loan term that is “larger than usual,” ...

(See our methodology for more on how we made our selections.) Best online mortgage lenders Best for low down payment: Rocket Mortgage Best for bad credit: New American Funding Best for discounts ...

To determine which mortgage lenders are the best for low or no down payment, CNBC Select analyzed dozens of home loans offered by both online and brick-and-mortar banks. We focused on the ...

With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where she produced daily news and feature stories. She ho... Jordan Tarver has ...

Usually, a person will refinance a mortgage to save on their monthly payments. Since mortgages are personalized products, there are no hard and fast rules about the best time to refinance.

Jumbo loans available with minimum down payments of 5%. Customizable mortgage rates are posted online. Cons Average mortgage rates are on the high side, according to the latest federal data.

With a repayment mortgage, as long as you meet all your monthly payments you're guaranteed to have repaid your entire loan by the end of the mortgage term, which is usually around 25-35 years.