What Is an Energy-Efficient Mortgage?
These niche loans help you buy an energy-efficient home or finance energy-saving upgrades.
Mortgage Rate Buydowns: How They Help Buyers Afford Homes and Sellers Attract Offers
A “temporary buydown" is a strategy some sellers, builders and lenders use to reduce a buyer’s monthly mortgage payments during the first few years of the loan term, helping make the purchase more affordable.
What Is a 10-Year Adjustable-Rate Mortgage?
A 10-year ARM has an introductory interest rate for the first 10 years. The rate adjusts every six months afterward.
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What Is a 5-Year Adjustable-Rate Mortgage?
A 5-year ARM has an introductory interest rate for five years. After that, the rate changes every six months.
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10 Mortgage Lenders Serving Black Communities
Black-led lenders make more home loans to Black borrowers — and they can be a good fit for allies, too.
Mortgage Points: Should You Pay These Optional Fees?
Paying for mortgage points reduces your interest rate, but whether they're worth it depends on how long you stay in the home.
How Much Do Mortgage Brokers Make?
From lender-paid commissions to borrower fees, mortgage broker earnings come from various moving parts.
Using a Mortgage Broker vs. a Bank
A mortgage broker can offer a wider array of options and streamline the mortgage process, but working directly with a bank gives you more control and may cost less.
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How Much Does It Cost to Build a House?
How much building a house costs depends on factors such as the home’s size and location, as well as the costs of material and labor.
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FHA Streamline Refinance vs. FHA Cash-Out Refinance: Which Is Right for You?
With an FHA refinance, you can lower your monthly payments, shorten your loan term or access a lump sum of cash.
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First-Time Home Buyer Metro Affordability Report – Q4 2020
A seasonal dip in supply along with high prices further constrained options for first-time buyers in the fourth quarter.
How Soon Can You Refinance a Mortgage? Here Are the Rules
Some mortgages let you refinance immediately after getting the original loan. Others require a "seasoning" period to elapse.
What Is a Rate and Term Refinance?
A rate and term refinance can lower your mortgage rate or change the time you'll be paying off your loan.
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Physician Loans: Flexible Mortgage Lending for Doctors
Physician loans don't require PMI, or private mortgage insurance, and allow more expansive debt-to-income ratios.
What Is APR and How Does It Affect Your Mortgage?
Mortgage APR reflects the interest rate plus the fees charged by the lender. APR helps you compare mortgage offers.
What Is a USDA Loan? Am I Eligible for One?
USDA loans are zero-down-payment mortgages that can open paths to homeownership for rural and suburban home buyers.
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Good Neighbor Next Door Program: How It Works
This federal program offers bargain-priced homes to teachers, police officers, firefighters and EMTs, but very few homes are available.
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