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

Principal and interest are the two biggest factors that make up a mortgage payment. Principal refers to the actual sum of ...

Though home prices inched up last month, mortgage rates have significantly improved. Here's what monthly payments now look like in the country's largest housing markets.

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 ...

Monthly mortgage payments can increase even if your interest rate is fixed. If your mortgage payment includes homeowners insurance, property taxes, homeowners association dues or other ...

Making one extra mortgage payment a year can offer several major financial benefits at a relatively low cost. Not only does this extra mortgage payment help pay off your loan early, but it also ...

A skip-payment mortgage is a home loan product that allows a borrower to skip one or more payments without any penalty. The interest accrued during the skipped periods will instead be added to the ...

(See our methodology for more on how we made our selections) Best mortgage lenders for low and no down payments Best online lender: Rocket Mortgage Best for no down payment: Guild Mortgage Best ...

Commissions do not affect our editors' opinions or evaluations. Biweekly mortgage payments are a good idea under the right circumstances: they can save you thousands of dollars in interest and ...

See reviews below to learn more or submit your own review. How do I know I can trust these reviews about Specialized Loan Servicing? How do I know I can trust these reviews about Specialized Loan ...

Text Callout : Key Takeaways - What Happens if You Miss a Mortgage Payment? Failing to make a mortgage payment sets off a chain of events that can ultimately lead to foreclosure if you don't bring ...