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FHA loans are popular with mortgage borrowers because of lower down payment requirements and less stringent lending standards.
You can refinance a home with an FHA loan even if you have little or no equity, a damaged credit score or higher debt than lenders usually accept.
Dear Expert:
Mortgage rates fell this week as global market concerns resurfaced and government bond yields moved lower. Meanwhile, more data shed light on the housing market’s strengthening recovery.
Homeowner associations are not the police department. There is only so much that the board and management company can do in helping to deter crime.
Reverse mortgages can be a viable way to access the equity they have built up in their home.
If a house doesn’t appraise”, it’s a problem for you and the buyers
After doing just enough to maintain their homes in the wake of the Great Recession, Americans are starting to ramp up spending on backyard decks, spalike bathrooms and other vanity improvements.
Dear Expert: I’m thinking about taking the leap and buying a home. I hear the term “rate lock” a lot. Exactly what is it and would now be a good time to use it? — All Locked Up Dear Locked:
You have to research mortgage rates, work on your credit, find a lender, all in the hopes of finding the most affordable financing possible.
The average total cost a borrower pays to close on a home loan has dropped slightly, an exclusive Bankrate.com survey finds.
Mortgage rates inched up this week following satisfactory news about the housing market’s progress.