Mortgage Strategy - Page 10

You're allowed to pay extra on your mortgage to pay it off early. Here are three strategies to pay off your mortgage early if you have extra cash.

A seller concession is an agreement where the home seller pays the buyer's closing costs. Learn how seller concessions work here.

If you can buy a house with cash, you'll be in a strong position to negotiate. But don't forget the drawbacks that come with cash home buying.

5/1 ARM rates are typically the lowest conventional mortgage rates on the market. But 5/1 ARMs carry more risk. Is the low rate worth it for you?

Buying your first house during COVID-19 presents unique challenges. But help, in the form of down payment assistance, is still available.

The reverse mortgage is suddenly more popular, as COVID-19 forces homeowners to look for cash flow. But is a reverse mortgage right for you?

For many, COVID-19 has lead to lower mortgage rates and easier loans. From remote closings to delayed appraisals, the virus is changing long-term norms.

2.5% mortgage rates are here. Will we see mortgage rates dropping more? The same forces pushing down rates are still with us. Here's what it could mean.

Mortgage rates are in a sweet spot right now — still near record lows, with guidelines loosening back up so homeowners can actually qualify for new loans.

FHFA announced a new rule about coronavirus mortgage forbearance that protects homeowners from foreclosure after the forbearance period is over.

A home equity loan lets you tap into your home's cash value. Learn how home equity loans and lines of credit work, and when to get one.

U.S. homeowners could tap millions in home equity to help them through coronavirus financially. Is a cash-out refinance a good idea for you?

Mortgage rates have been falling, but is it worth refinancing during the coronavirus pandemic? For millions of homeowners, the answer might be yes.

Fannie Mae predicts mortgage rates in the record-low territory for the rest of 2020 and 2021. What that would mean for home buyers and refinancers.

Use this free hardship letter template to request mortgage forbearance from your loan servicer. This is the one step to get CARES Act mortgage relief.

It's been a good time to buy a house since mid-2019, with low rates creating record affordability. But is now, amid coronavirus, still a good time to buy?

Mortgage forbearance can defer your loan payments for up to 12 months if you're laid off or under financial stress due to COVID-19. Here's how it works.

Record-low mortgage rates came and went. Last week saw a return to 4% rates and increased closing times. Here's what borrowers can do to help their cause.

Buyers and refinancers: Make your mortgage application and loan documents top priority. Record low rates mean big delays as lenders fill up with applicants.

You may have heard that the lowest rates ever are here. But are they still available?