Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.

“The aspect of this program that makes me nervous is the silent second mortgage,” Anneliese Lederer, senior policy counsel at ...

To qualify for an FHA loan, your maximum DTI can’t exceed 50%, and your total mortgage payments can’t exceed 31% relative to ...

This week, the Federal Reserve slashed its benchmark rate by 50 basis points rather than the anticipated 25-basis-point cut, ...

On this week’s episode of Homewi$e Amanda Krenz and mortgage expert Tyler Osby talked about private mortgage insurance (PMI) ...

With a zero-down mortgage, borrowers receive a mortgage to purchase a home that does not require an upfront payment at the time of purchase. Saving for a down payment is a significant obstacle for ...

Expect to pay closing costs between 2% and 6% of the loan amount when refinancing a mortgage. Here’s a closer look at the ...

There's a good chance you'll need mortgage insurance if you're putting less than 20% down. Here's what to know.

UWM chief security officer Alex Elezaj, Guardian Core Mortgage broker owner Lauren DuVall and Left Coast Lenders broker owner ...

The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...

The right time to refinance your mortgage depends on your individual financial situation and goals. If your goal is to reduce ...

A single percentage point can affect the interest you pay, monthly payments and refinancing. Here's how much it can matter ...