Mortgages are tricky and often hard to understand, and prospective home buyers don’t spend a lot of time educating themselves about mortgages and the mortgage process. Here are a list of common mortgage misconceptions. Continue Reading »

Some 96,000 borrowers who received checks to compensate them for wrongful foreclosures on their mortgages will be getting an additional check to correct for errors in the initial payment, the Federal Reserve announced. Continue Reading »

The housing market is heating up, yet many house hunters are not prepared to take on the biggest purchases of their lives. When it comes to mortgages, homebuyers are clueless, surveys reveal. Continue Reading »

By Vera Gibbons The Federal Housing Finance Agency announced the extension of the Home Affordable Refinance Program, or HARP, through the end of 2015. HARP is one of two government programs aimed at helping homeowners who are current on their mortgage -- but have little to no equity -- to refinance their mortgage at a ... Continue Reading »

We hear about underwater mortgages all the time -- and, no, it has nothing to do with a beachfront property gone bad. Continue Reading »

Homeowners who lost their homes to foreclosure are back in the market to buy. Continue Reading »

Recent grads bogged down with student loan debt can't buy homes -- and you can guess what that means. Continue Reading »

One thing still threatening the housing recover is mortgage debt. Here's where mortgage debt is highest and lowest in the U.S. Continue Reading »

By Scott Shieldon As you shop for a house and consider taking out a mortgage, determining your house payment can no doubt be a time-consuming process -- running calculations, getting updated payment scenarios from your mortgage company, and determining whether or not you can qualify. What you might not realize is that ... Continue Reading »

As mortgage rates move even the slightest bit higher, it could have a disastrous effect on mortgage refinances. Continue Reading »

New York Gov. Andrew Cuomo wants to spend up to $400 million to buy and demolish homes wrecked by Superstorm Sandy. Continue Reading »

Though the housing market is bouncing back, so are cases of potential mortgage fraud. Continue Reading »

If you got a big cash gift at Christmastime, here's how you can use it toward buying a house. Continue Reading »

Many consumers have likely seen the technology from their banks that allows them to deposit a check just by taking a picture of it with their smartphone. Soon, they might be making mortgage applications over the phone the same way. According to a report by American Banker, tech experts say that in the near future, more ... Continue Reading »

How to get a mortgage and pay the smallest down payment possible. Continue Reading »