A favorite mortgage myth of mine is some variation of: You can't buy a home without a 20 percent downpayment. Let's address why this is false, using history as a guide. It all started 50 years ago when real estate information didn't move as freely as it does today. There...

MSN Money recently ran an article stating that interest only loans are bad choices for most borrowers. The headline ran as "Interest-only loans: not magic, usually not smart". Then, the next line: The last interest-only mortgage craze ended with a wave of foreclosures in the Great Depression. Today's interest-only ARMs...