A rate and term refinance is used to pay off the current loan, including late fees or prepayment penalties that the borrower ...

Personal finance guru Dave Ramsey is famous for his no-nonsense advice, and also for his insistence on avoiding debt.

As the spring market gets underway, home sales are at relative lows, with prospective buyers adopting a wait-and-see posture ...

Congress mulls limits on student loans and a new repayment plan that would prevent balances from rising over time.

The House GOP student loan plan proposes eliminating most income-driven repayment plans. Here’s what it could mean for 40 ...

Accelerated amortization is a process by which a mortgagor makes extra payments toward the mortgage principal. With accelerated amortization, extra payments allow a borrower to pay off a mortgage ...

Paying off your mortgage early might seem conservative, but it offers a secure, potentially tax-free return. With recent U.S. tax law changes, many homeowners no longer benefit from mortgage interest ...

In not so many words, last week's thesis was that "no news was good news" for mortgage rates. Specifically, an absence of major, unexpected developments on the topic of tariffs and trade helped ...

Earlier this week, CBS News New York learned federal officials referred James for criminal prosecution for alleged mortgage fraud related to properties in Virginia and New York. William Pulte ...

Mortgage lenders shouldn’t interpret the downsizing of the Consumer Financial Protection Bureau (CFPB) as a green light to ease compliance, despite potential mass layoffs and a shift in ...

that house you had, your $700,000 house, 20 years later, has doubled in value. So now you've got a $1.4 million home, your reverse mortgage balance is $500,000. I'm just making up numbers. The ...

Mortgage lenders look set to launch a price war with borrowers in line for more rate cuts, experts have said. Multiple lenders including HSBC, Santander, The Co-Operative Bank and Virgin Money ...