Purchasing your first home is one of the most important financial decisions of your life. If you’re currently renting in an expensive housing market, the one thing standing in your way is likely the down payment – easily a six-figure...
When it comes to your financial health, what you don’t know can cost you. Just like the annual physical with your doctor keeps your body’s health on track, knowing your financial vital signs can save you money and help you...
If you feel your home was wrongly or inappropriately foreclosed upon in 2009 or 2010, now may be the time to challenge it. Read on to learn if you’re entitled to a review of your mortgage and foreclosure process under a new enforecement action– and what sorts of remedies may be available.
With mortgage interest rates recently touching their lowest in more than 50 years, many homeowners are asking themselves if now is the time to refinance. After all, it’s hard not to swoon at the thought of a 30-year fixed mortgage at 4.15 percent. But whether a mortgage refinance makes financial sense isn’t solely determined by interest rates and monthly payments.
Home prices have fallen to a new low, but many are still gun-shy when it comes to buying, in light of the mortgage meltdown. Mint users asked, “is it better to buy or rent right now?” and we invited an expert to give his answer.
The days of the no-money-down home loan are long behind us, but does a credit-worthy borrower still need to come up with a whopping 20 percent down payment to buy a house? Mint asks an expert this very question.
For homeowners unable to sell their property at a reasonable price, renting could be the solution to waiting out a lagging housing market. But, becoming a landlord involves far more than handing over the keys and watching the rental checks roll in. Here are five things you must consider before renting your home.
ARMs are making a comeback in 2011. Financial giant Bank of America says it has doubled its ARM business. The Mortgage Bankers Association has also reported an uptick in ARM activity so far in 2011. Does an ARM make sense for you?